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Euro is looking up, but is it the time to buy?

10 July 2015, EUR/USD

It seems that having benefited from indecisive behavior of the US dollar, Euro has started to gradually grow.

But shall we start to buy?It seems that no.

The pair can find itself in a long-term flat, so it is better to stay away.

Though you may try to buy minimum volume with minimum risks, but everyone has to decide for him/herself.

When it comes to the wave structure, it looks as it used to but we expect development of the wave iii of an ascending impulse.

Euro is looking up, but is it the time to buy?

Vasiliy Lukin
Analyst of «FreshForex» company
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