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Bullish scenario is still relevant

Bullish scenario is still relevant | 16 September 2015

16 September 2015, EUR/USD

The pair continues its slow movement, from time to time replacing decline by growth and vice versa.

At the moment, it is the turn of decline, the price driven by bears slowly goes down, thus forming a kind of correction.

In general, the picture is bullish, as corrective decline decline is formed in development of the wave [iii].

So in the future we can expect resumption of the upward impulse.

The bullish scenario is still relevant < / div>

Vasiliy Lukin
FreshForex Analyst
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