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Euro is ready to storm new hills

04 June 2015, EUR/USD

As it was expected, Euro continued to consolidate striving to storm new local Highs.

More likely, bulls will manage to push the pair up. Paces are good and wave structure is in its favor.

I will remind that supposedely this moment the wave[iii] of (iii) ascendimg impulse is developing.

Since this wave is in the very beginning of its development, we can assume that thre is a very good potential for a further upward movement and Euro is quite ready to storm new highs.

Euro is ready to storm new hills.

Vasiliy Lukin
Analyst of «FreshForex» company
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