The calm before the storm?

03 July 2015, EUR/USD

No significant changes have been made for the last 24 hours. The pair has been almost stood still

This passive behavior can be explained by anticipation of news on Greece. Till Monday, it is most likely that nothing interesting can take part on this pair.

Waves still indicate presence of bulls and the wave iii of an ascending impulse is expected to evolve.

The calm before the storm??

Vasiliy Lukin
FreshForex Analyst
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