Dollar is retreating | 03 Juni 2015

03 Juni 2015, EUR/USD

The growth, which had been expected for so long time, has happened at last.

Fibonacci level 61.8% performed just fine and from this very level an upward movement has started.

I will remind that development of the wave [iii] of (iii) of ascending impulse has boosted this upward movement.

So, from now forth the pair is expected to move up, there is a very good potential for that.

Dollar is retreating.


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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