EUR/USD Analysis on July 23, 2025
EUR/USD Analysis on July 23, 2025
The wave pattern on the 4-hour
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The wave pattern on the 4-hour chart for EUR/USD has remained unchanged for several months. The upward trend segment continues to form, while the news background continues to support all currencies except the dollar. The trade war initiated by Donald Trump was intended to boost budget revenues and eliminate the trade deficit. However, these targets have yet to be achieved—trade agreements are being signed with difficulty, and Trump's "One Big Law" will increase the U.S. national debt by 3 trillion
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