Potential of buyers is going to be exhausted | 11 فبراير 2016
11 فبراير 2016, EUR/USD
At this stage of developing of the upward momentum, buyers are getting weaker. That is leading to the leapfrog of downward and upward movements.
It is possible that the wave iii of [iii] is about to be over and soon we are likely to expect beginning of correction. However, before that, the pair still can slightly surge.
In this situation, we can just monitor, cause no promising movements are expected
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.
