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Back Wave analysis
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Back Wave analysis
EUR/USD Analysis on February 24, 2026
The 4-hour chart wave count for
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The 4-hour chart wave count for EUR/USD looks less than ideal, but it raises no major concerns. There is still no talk of canceling the upward segment of the trend that began in January last year; only the internal wave structure is occasionally adjusted. In my opinion, the instrument has completed the formation of the global wave 4 (see lower chart). If this assumption is correct, wave 5 is currently forming. This wave could be quite extended, with targets reaching
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Chin Zhao,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Alexander Dneprovskiy
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