manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

The pair still has a potential for growth

19 October 2015, EUR/USD

This pair still shows a bullish direction.

The reason is that formation of the assumed wedge has not been completed, although the price has moved to its final wave (v).

However, the price is far from reaching a new High, so in the future we expected a continued strengthening of the euro.

It is possible that before resumption of growth, the price can spend some time in flat, so, be careful and do not give in to these provocations.

The pair still has a potential for growth

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.