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Ascending impulse is still expected

29 May 2015, EUR/USD

Euro is holding off its active actions so that it will be better consolidated against US currency.

Though this passive behavior does not cancel the scenario according to which we expect development of the wave [iii].

It is quite possible that bulls need one proof, either they watch for and gather momentum to shoot and form expected waves of the emerging impulse.

So, in the nearest time we expect impulse development of the paor associated with formation of the wave [iii] of (iii).

Ascending impulse is still expected

Vasiliy Lukin
Analyst of «FreshForex» company
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