Growth | 16 March 2016

16 March 2016, EUR/USD

We are observe for pair behavior on hour chart.

Now it is flat after upwards jerk.

Nobody has advantage so price is into flat.

As a main I consider bulls way of price development. At this moment correction, development of 2 wave zigzag forming is finished.

So bulls can have initiative on market and it leads to further impulse rising.

In expectation of price rising we set order for buy on 1.1120 price.

 We are expecting rising

Vasiliy Lukin
FreshForex Analyst
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