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Ready to continue the upward movement

Ready to continue the upward movement | 09 February 2016

09 February 2016, EUR/USD

As we assumed before, the emerging decline has a corrective nature.

However, we cannot say it is over, the flat may extend over the time.

In this situation, we shall watch market from the outside, although on update of the High we can make cautious Buy trades.

The wave scenario suggests the possibility of developing the wave iii of [iii], so we expect a durable growth

Ready to continue the upward movement

Vasiliy Lukin
FreshForex Analyst
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