Buyers are powerless | 25 مارس 2016
25 مارس 2016, EUR/USD
Slow sliding of the price has stopped and the movement is smooth in the flat.
What does this mean? Most likely, bulls have no potential to resume the upward movement. Flat correction is everything they can do now.
Thus, in the future, after wandering in the horizontal flat corridor, the price will resume its decline.
In this situation, we have just to observe.
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.
