21 March 2016, EUR/USD
On the hourly chart the observed pair shows no suspicious fluctuations.
Probably, having formed the wave i of the rising impulse, currently the pair is safely going through correction under the wave ii.
The hourly chart supposedly shows us development of a rapid upward impulse, and we can assume that correction will not be long. In the near future the upward movement will resume. long
However, to open a new Buy position, I would recommend to set a pending order buy stop to the local High and wait for response of the price
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us