EUR/USD Analysis on July 31, 2025
EUR/USD Analysis on July 31, 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 segment of the trend continues to form, while the news backdrop mostly fails to support 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 deals are being signed with great difficulty, and Trump's "One Big Law" is expected to increase the U.S. national debt
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