Waiting for a further consolidation of Euro | 27 April 2015

27 April 2015, EUR/USD

Waiting for a further consolidation of Euro Meanwhile we witness how the scenario is successfully developing where wave (i) has formed as wedge. At present it is obvious that now everything is getting prepared for further evolvement of the wave [3] of (iii) specified emerging impulse. So, if the discussed scenario is true, there is a great potential for ascending movement. Therefore, setting new Buy positions is good if conditions are favourable for that.


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
Analis perusahaan "FreshForex"
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