Keep on selling

15 April 2016, EUR/USD

The last trading day was very calm.

Bears did not show such zeal to push the price as low as possible as they showed before. Activity of bulls was slight and was counteract by rivals.

It resulted in flat correction, which in the future will probably ensure continuation of the downward movement.

Obviously, the downward momentum is not over yet.

Thus, I'd recommended you to hold your Sell trades open so that you can benefit from update of Low, and possibly open new


Vasiliy Lukin
FreshForex Analyst
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