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Corrective decline

18 September 2015, EUR/USD

The euro has decided not to keep its business on the shelf for a long time and continued to grow against the US currency.

Thus, presumably formed the wave i of the emerging upward impulse, which will develop the wave [iii].

In the near future we expect decline associated the formation of the correctional wave ii of [iii].

corrective decline is expected due to the development of wave ii.

The euro has decided not to keep its business on the shelf for a long time and continued to grow against the US currency.

Thus, presumably formed the wave i of the emerging upward impulse, which will develop the wave [iii].

In the near future we expect decline associated the formation of the correctional wave ii of [iii].

Vasiliy Lukin
Analyst of «FreshForex» company
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