Entering the consolidation phase. | 01 Abril 2016
01 Abril 2016, EUR/USD
The pair is not ready to rest and continues the upward movement in the course of which a local High has been updated successfully.
It is possible that it will be enough for bulls and the pair will start correctional decline or prolong the flat.
In this regard, sales will become more relevant or it is better to refuse to enter into any transactions.
The pair also can continue impulse growth, but in this case, with almost one hundred percent of certainty a corrective drop will start, and that's when the sales will be very helpful
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.
