The pair is preparing for correction decrease | 15 فبراير 2016
15 فبراير 2016, EUR/USD
as we expected direction of price movement has changed. Now it is up and down movements which point to bulls weakness.
Perhaps now developing of iii wave and rising impulse is over. As ending inside model is used ending diagonal triangle.
This model is looks like unfinished and we can expect one more prompt upwards bounce. It will be reached new price maximum after that price will have downwards correction.
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.
