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Correction decrease is lead to the end.

23 March 2016, EUR/USD

Pair is decreasing into correction decrease lower and lower.

As we can see from the chart this decrease keeps limits of trend which is marked dotted lines .

This moving usually lead to prompt breakthrough and further moving into direction of this breakthrough.

This decrease probably has correction character and was made of forming of ii wave of 3, miss this opportunity of gain profit from this signal wouldn’t be correct.

That is why I have set pending order buy stop on price 1.1245.

Now we can wait further price moving.

 Correction decrease is lead to the end.

Vasiliy Lukin
Analyst of «FreshForex» company
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