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Priority shall be given to purchases

Priority shall be given to purchases | 20 November 2015

20 November 2015, EUR/USD

Meanwhile the situation with the euro/dollar follows our scenario.

After the assumed completion of the correctional wave (iv) in the form of a plane, the price has taken an unconfident attempts to start growing and chose the level of 161.8% as the basis.

So far, buyers did not earn a great glory , and there is a great opportunity to open a Buy tarde with a good ratio of risk/profits.

If my assumption about further development of the upward momentum is true, in the future we can expect development of a strong and sustained impulse growth caused by formation of the wave (v).

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Vasiliy Lukin
FreshForex Analyst
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