EUR/USD Analysis on June 23, 2025
EUR/USD Analysis on June 23, 2025
The wave pattern of the 4-hour
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The wave pattern of the 4-hour EUR/USD chart continues to indicate the development of an upward trend segment. This transformation occurred exclusively due to the new U.S. trade policy. Until February 28, when the U.S. dollar started to decline, the wave structure looked like a convincing downward trend segment. A corrective wave 2 was forming. However, Donald Trump's trade war—intended to increase budget revenues and reduce the trade deficit—is so far working against the U.S. dollar. Demand for the dollar
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