EUR/USD Analysis on July 21, 2025
EUR/USD Analysis on July 21, 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 months. The formation of an upward trend segment continues, supported by the news background that favors all currencies except the dollar. The trade war initiated by Donald Trump was meant to boost budget revenues and eliminate the trade deficit. However, these targets have yet to be achieved; trade deals are signed with difficulty, and Trump's "One Big Law" is expected to increase the U.S. national debt by
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