Impulse growth is expected to renew | 26 May 2015
26 May 2015, EUR/USD
26 May of 2015, EUR/USD
As we expected, decline of this pair has continued.
The price has almost reached Fibo level 61.8%. From this level we expect that reversal will take place and the pair will renew its growth within the frames of ascending impulse.
Expecting this growth, we opened a Buy position.
So, if our assumption is correct, in future we will see growth associated with development of the wave [iii] of (iii).
.png "Impulse growth is expected to renew.")
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.
Vasiliy Lukin
Analista de la empresa" FreshForex
Iniciar sesión