A continued correction | 03 June 2016

03 June 2016, EUR/USD

I am concerned that correction having emerging as the ii wave looks completely formed, but it is very small. Even a more prolonged upward movement or the right movement won't hurt.

However, it is quite possible that we will see another wave within the framework of this correction.

In this case, we can start looking for the point to open short positions. In the meantime, the current picture does not encourage carry out any transactions, so is better to stay out of the market.

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