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Moving down

Moving down | 18 July 2016

18 July 2016, EUR/USD

We assume that now we observe the wedge as an emerging wave of the downward impulse. Thus, in the near future we expect a continued impulse decline in the framework of this scenario. The goal lies approximately at the bottom line of the wedge.

We assume that now we observe the wedge as an emerging wave of the downward impulse. Thus, in the near future we expect a continued impulse decline in the framework of this scenario. The goal lies approximately at the bottom line of the wedge

Vasiliy Lukin
FreshForex Analyst
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