Impulse growth may be resumed

08 February 2016, EUR/USD

As we expected, such a rapid and surge of the price will be followed by some calm period, which led to a slow decline.

We assume that this decline has a corrective nature and formed part of the wave iii of the rising impulse.

If this assumption is correct, in the future we will expect resumption of growth of the pair within the frames of the considered scenario, although we should not exclude the possibility of a continued correction

Impulse growth may be resumed

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
© 2004—2018 FreshForex – Forex broker
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Call

Get bonus