Impulse growth of the pair is expected | 28 May 2015
28 May 2015, EUR/USD
Bears had been dominating during the past trading day and they managed to force the price even lower. However, it did not pass the Fibo level 61.8%.
So, a correctional wave ii has supposedly finished its formation.
Further we expect growth of the pair associted with development of the wave [iii] of (iii) an emerging ascending impulse.
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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.
