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05 July 2016, EUR/USD

Yesterday was the Independence Day, no news and statistics have been reported. Thus, development of correction continued. In the near future we expect impulse drop to resume, which will shape extension in the wave iii. For this reason, I've opened another Sell trade with a Stop Loss set at the local High.

Yesterday was the Independence Day, no news and statistics have been reported. Thus, development of correction continued. In the near future we expect impulse drop to resume, which will shape extension in the wave iii. For this reason, I've opened another Sell trade with a Stop Loss set at the local High.
Vasiliy Lukin
FreshForex Analyst
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