EUR/USD Analysis on July 17, 2025
EUR/USD Analysis on July 17, 2025
The wave pattern on the 4-hour
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The wave pattern on the 4-hour EUR/USD chart has remained unchanged for several consecutive months. The upward segment of the trend is still developing, while the news background continues to support all currencies except the dollar. The trade war initiated by Donald Trump was intended to increase budget revenues and eliminate the trade deficit. However, these targets have not been achieved so far; trade deals are being signed with difficulty, and Trump's "One Big Law" will add 3 trillion dollars
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