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The pair is preparing for correction decrease

The pair is preparing for correction decrease | 15 February 2016

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
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