manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Correction will continue its development

29 June 2016, EUR/USD

The upward movement is corrective and is represented by the second wave of elongation - the wave iii of the downward momentum. To open a Sell trade, we need wait for update of Low or change of the marked trend. At the same time, potential for downward movement is very good.

Thus, in the near future we expect correction to continue, whereupon drop is likely to be resumed.

Correction will continue its development

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.