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Further growth is expected

22 May 2015, EUR/USD

22 of May, 2015, EUR/USD

Yesterday we had no significant events. The pair stood still.

This kind of benaviour partly confirms that soon a renewal of ascending impulse movement can take place.

Though it is probable that we deal with subcorrection and later the price can even get lower.

In one way or another, our Buy position opened in expectation of the wave [iii] of ascending impulse remains opened.

В ожидании дальнейшего роста.

Vasiliy Lukin
Analyst of «FreshForex» company
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