EUR/USD Analysis on July 7, 2025
EUR/USD Analysis on July 7, 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, and the news background continues to support all currencies except the U.S. dollar. The trade war launched by Donald Trump was intended to boost budget revenues and reduce 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" will increase the U.S. national debt
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