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The pair is still indecisive

The pair is still indecisive | 07 July 2015

07 July 2015, EUR/USD

Contrary to expectations, Euro was not able to grow either fall and is standing on almost the same place as it used to.

Indecisiveness and confusion can be understood: referendum has not brought everything to a clarity. Greece remains in Euro zone and still have a chance to agree with its creditors.

In terms of wave structure, nothing changes and expectations remains the same – we suppose that sharp impulse growth will develop associated with formation of the wave iii.

So, I opened Buy trade.

The pair is still indecisive.

Vasiliy Lukin
FreshForex Analyst
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