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In anticipation of decline

07 October 2015, EUR/USD

The pair has seriously stuck at current price levels.

The flat has been almost a second month, and every day brings us closer to the denouement.

We assume a decline due to development of the wave iii of [iii] downward momentum.

So far, however, this option has not been confirmed and we will not be adding new positions to the earlier open one.

We are waiting for confirmation or refutation of the selected wave scenario.

Waiting for the decline.

Vasiliy Lukin
Analyst of «FreshForex» company
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