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Elliott Wave Analysis of EURUSD – March 21st, 2022

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The Fed officially started fighting inflation with its first interest rate hike since 2018 last week. EURUSD climbed on the news, but the ECB is still pondering what to do in order to deal with Europe's own inflation worries, which are now being made worse by the conflict in Ukraine. We take a look at the Elliott Wave charts to see where the pair is headed next.

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