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Less chances for growth

Less chances for growth | 27 January 2016

27 January 2016, EUR/USD

Once again, no change about the euro/US dollar pair.

The price had been almost stooding still.

Such indecision, especially from the buyers's side, may affect them, cause extended inability to go above a certain level can lead to a completely opposite result.

However, meanwhile there are chances for development of the upward momentum, so in the near future we still expect the wave iii to develop.

Less chances for growth

Vasiliy Lukin
FreshForex Analyst
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