Expectations regarding bullish movement | 30 يوليو 2015
30 يوليو 2015, EUR/USD
The price has not canceled the considered option implying beginning of wave (iii) of the upward momentum.
Perhaps, at the moment corrective decline is developing.
So, if this assumption is true, soon we can expect a sharp impulse jump upward, which is confirmed by the data shown on the chart below.
If the price updates its Low, our scenario would turn to be wrong.
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The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
