In the fifth wave | 02 اكتوبر 2015

02 اكتوبر 2015, EUR/USD

As for the considered pair, no significant and insignificant changes have so far occurred.

The price clearly justifies the expectations placed upon it.

It should be noted that after completion of the horizontal Triangle in the wave [iv], formation of descending impulse has begun.

Internal structure of the momentum now points to development of the correctional wave ii of [v].

So, if this assumption is true, in the near future we can expect resumption of the impulse decline of the pair.

In the fifth wave


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.
Aleksey Panasenko
محلل شركة FreshForex
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