Euro may get stronger! | 06 Juli 2015

06 Juli 2015, EUR/USD

This week was opened with a downward gap par to the course, because of events in Greece.

Though it did not even allow bears to update local Low and buyers rushed to close this gap.

So it is early to give euro up cause it has all chances to grow because scenario of bulls is still in effect.

As per specified scenario, formation of the wave ii has been supposedly finished.

So, If our assumption is correct, in the nearest time we will see impulse growth represented by the wave iii.

Euro may stronger!


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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