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Third wave of the rising impulse is expected

Third wave of the rising impulse is expected | 18 December 2015

18 December 2015, EUR/USD

Probably, this pair is coming to the end of a corrective decline pushed by the wave ii of an emerging upward impulse.

Although it is possible that correction can take a complex character, yet in the near future we expect resumption of growth of the pair.

Anticipating the wave iii of the upward momentum, I've opened another Buy trade now. The market will show if I was right or wrong

Third wave of the rising impulse is expected

Vasiliy Lukin
FreshForex Analyst
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