26 May 2015, EUR/USD
26 May of 2015, EUR/USD
As we expected, decline of this pair has continued.
The price has almost reached Fibo level 61.8%. From this level we expect that reversal will take place and the pair will renew its growth within the frames of ascending impulse.
Expecting this growth, we opened a Buy position.
So, if our assumption is correct, in future we will see growth associated with development of the wave [iii] of (iii).