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Third wave is coming soon

14 June 2016, EUR/USD

As we expected, the price began to grow up slowly, probably moving within the frames of correction formed in the wave iii of downward momentum. In the very near future we expect correction to continue, the pair is likely to continue to decline within the development of this downward impulse wave. Not to miss the opportunity to join this movement, but at the same time protect yourself from wrong decisions, it is recommended to set a Sell Stop pending order on a local Low and calmly. If our assumption turns out to be wrong, you should simply remove the order

Vasiliy Lukin
Analyst of «FreshForex» company
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