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Continued impulse drop

24 May 2016, EUR/USD

We assume that at the moment the price forming the descending impulse, in particular, its third wave. This wave has an extended form. Later I expect resumption of the downward pulse movement within the framework of this model.

Therefore, sales are still relevant.

We assume that at the moment the price forming the descending impulse, in particular, its third wave. This wave has an extended form. Later I expect resumption of the downward pulse movement within the framework of this model.

Therefore, sales are still relevant.

Vasiliy Lukin
Analyst of «FreshForex» company
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