manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

The pair is preparing for correction decrease

15 February 2016, EUR/USD

as we expected direction of price movement has changed. Now it is up and down movements which point to bulls weakness.

Perhaps now developing of iii wave and rising impulse is over. As ending inside model is used ending diagonal triangle.

This model is looks like unfinished and we can expect one more prompt upwards bounce. It will be reached new price maximum after that price will have downwards correction.

The pair is preparing for correction decrease

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .