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Expecting the movement

Expecting the movement | 04 July 2016

04 July 2016, EUR/USD

An attempt to start careful sales has ended in failure. The pair decided to continue correction with a sluggish growth.

However, in terms of the beginning of active and directional movement, this week should be the key week. In the near future we may witness a strong downward movement. Now we need to patiently wait for the first active steps of the price in the right direction (i.e. downward) and start to open trades.

Vasiliy Lukin
FreshForex Analyst
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