Buyers are powerless

25 March 2016, EUR/USD

Slow sliding of the price has stopped and the movement is smooth in the flat.

What does this mean? Most likely, bulls have no potential to resume the upward movement. Flat correction is everything they can do now.

Thus, in the future, after wandering in the horizontal flat corridor, the price will resume its decline.

In this situation, we have just to observe.

Vasiliy Lukin
FreshForex Analyst
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