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Resumption of impulse growth of the pair

25 September 2015, EUR/USD

Well started movement in the upward direction was replaced by an abrupt downward movement.

Perhaps this is due to formation of the correction in the internal structure of the prospective wave [iii].

In this case, in the future we expect growth impulse to resume within development of this wave. However, buying in current situation is extremely dangerous, as the downward movement can get stronger that will lead to cancelletaion of the considered scenario.

 expected to resume growth in the pulse pair.

Vasiliy Lukin
Analyst of «FreshForex» company
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