EUR/USD Analysis on June 9, 2025
EUR/USD Analysis on June 9, 2025
The wave structure on the 4-hour
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The wave structure on the 4-hour EUR/USD chart has shifted to an upward formation and continues to hold this structure. I believe there's little doubt that this transformation occurred solely due to the new U.S. trade policy. Until February 28, when the sharp decline of the U.S. dollar began, the wave structure was a clear downward trend segment. A corrective wave 2 was forming. However, Trump's weekly announcements of various tariffs did their job. Demand for the U.S. dollar started
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