Log in

The plane continues its formation

27 October 2015, EUR/USD

The pair continues the formation of correction which, I remind you, supposedly takes the form of a plane.

To complete it, the price lacks the last downward impulse wave v of [c].

So , in the near future we expect lowering of the pair to continue because of development of this wave model.

After that, we obviously expect beginning of a long impulse growth.

 The plane continues its formation.

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.