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Third wave is still developing

07 July 2016, EUR/USD

The bearish scenario is still relevant and current growth has a corrective nature. We can expect continuation of decline of the pair within the borders of the wave iii of the downward momentum. A Sell trade is recommended on update of the local Low, for this you can use a pending Sell Stop order

The bearish scenario is still relevant and current growth has a corrective nature. We can expect continuation of decline of the pair within the borders of the wave iii of the downward momentum. A Sell trade is recommended on update of the local Low, for this you can use a pending Sell Stop order
Vasiliy Lukin
Analyst of «FreshForex» company
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