30 May 2016, EUR/USD
The price had continued to decline and updated the local Low. Thus it has probably completed development of impulse formed as the wave i. However, do not go to Long immediately, since it is not clear whether the momentum will end today or movement will last for a while.
Therefore, in this situation we should wait for the first signs of reversal and then try to open a position to Buy.
Stop Loss shall be put on the new price Low.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us