Impulse decline is expected | 11 أغسطس 2016
11 أغسطس 2016, EUR/USD
Yesterday Euro was trying to attack. Bears were not ready for such events and allowed growth to almost the starting point of the previous decline. But the price failed to update High, perhaps because that the upward movement had only a corrective nature. Thus, if this assumption is true, within the near future we can expect impulse decline to resume.
For this reason, I've opened a Sell trade with a short stop loss set at a local High. 
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.
