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Still sell

Still sell | 25 April 2016

25 April 2016, EUR/USD

Drop has continued. The downward movement still has a good potential, since we assume that now the price is developing the wave 3 of downward impulse and this wave is far from taking its final form.

For this reason, I still keep my short positions and plan to add new ones, even more so at the moment the price is taking an attempt to get corrected.

Thus, in the near future I expected a drop under the wave 3 of the descending impulse

Vasiliy Lukin
FreshForex Analyst
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