Correction continues | 30 December 2015

30 December 2015, EUR/USD

The considered pair follows our scenario.

As we assumed, the pair does not rush to force the issue, continuing its correction.

It is likely that we witness a continued development of the wave ii of the emerging ascending impulse, so we need to be ready for the possibility that the price may fall even deeper.

As for the rest is, as we already mentioned, the pair is still expected to grow within the borders the wave iii.

Correction continues

Vasiliy Lukin
FreshForex Analyst
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