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It is time to buy

28 July 2015, EUR/USD

The Euro starts to gain confidence gradually and is ready to become a leading, but not a driver in the pair.

In addition, after a long impulse falling, we have not seen a proper bounce of bulls, the price was in the flat, which by the way is currently shaped as a bullish wedge.

At the moment, we see growth, which is obviously caused by the formation of wave (iii) of the rising impulse movement.

Thus, if this assumption is correct, in the future we can expect a good move in the upward direction.

 Now is the time to buy.

Vasiliy Lukin
Analyst of «FreshForex» company
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