Some flat is expected

05 February 2016, EUR/USD

Some flat is expected. The bullish scenario continues to be successfully implemented. I guess, yesterday’s movement was because of iii [iii] wave formed of ascending impulse. In the near future, we are likely to expect a stop, so that the pair EURUSD will go to correction. Thus, ascending movement is unlikely to continue at this chart today.

Some flat is expected

Vasiliy Lukin
FreshForex Analyst
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