Upward momentum | 03 ديسمبر 2015
03 ديسمبر 2015, EUR/USD
In this pair again, everything is not very smooth.
Bulls seemed to be ready to attack, they had one successful attack but then fell back.
Update of the Low did not happen, there was a rebound, which means that this sharp decline was intended to shake out the traders who began to buy.
So in the future we expect continuation of impulse growth of the pair of caused by development of the wave (v)
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.
