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
Agree with the review?
Traders' opinion:
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 .
manager photo manager photo
We will be pleased to answer any questions you may have


Get bonus