manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

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
See also:
Agree with the review?
Traders' opinion:
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 .