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Probably, reversal took place

30 October 2015, EUR/USD

As we previously assumed, it is possible that the considered pair completed development of the wave (iv), which took the form of a plane.

After a long decline, there are first signs of a reversal, the pair began to grow.

Perhaps there was a reversal and in the future we will have an impulse growth of the pair.

But before that, the price is likely return to the local Low, so you can still get a good price for purchases, but certainly you can try to make first deal now.

Probably, reversal took place

Vasiliy Lukin
Analyst of «FreshForex» company
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