A downward scenario is still relevant | 17 May 2016

17 May 2016, EUR/USD

The considered bearish scenario still remains its relevance.

Therefore, in the near future we expected a resumed drop of the pair within the expected downward impulse, in particular, its third wave. Of course, I could add another Sell trade, but strange movements yesterday dissuade me from that, so we will be waiting for further steps of the market.


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
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