Is a corrective growth coming? | 01 June 2016

01 June 2016, EUR/USD

So far, my assumption about the impulse in the form of the wave i, has been fully confirmed. The price froze, probably getting ready to start to grow within the frames of correction. However, US dollar has not allowed bulls' plan yet .

It is possible that growth will happen in the near future, so there is a good chance to open a very safe Buy trade with a Stop Loss set at a local Low. As you can see from the chart below, the potential loss is very small against the potential profit.

Is a corrective growth coming?

Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus