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Upward movement is still a relevant scenario

02 September 2015, EUR/USD

Upward movement is still a relevant scenario

The bounce that we expected took place here.

However, this growth in the framework of this scenario is obviously not finished.

Another sudden move up is needed here to say that development of the wave b has been completed.

That is why, in the near future we expect that the euro will continue to strengthen to area of ​​1.440.

 The upward movement is still relevant. Upward movement is still a relevant scenario

Vasiliy Lukin
Analyst of «FreshForex» company
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