Continued drop | 23 May 2016
23 May 2016, EUR/USD
Probably, at this time we are witnessing the third wave of downward momentum, which has been formed elongated. Now there is a slight correction, which is likely to be short-term, then the price will continue to move down within the framework of the downward momentum.
The open transaction is in the positive area with surplus, so I have no worry about that and waiting for further drop of the pair.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
