Impulse decline of the pair | 17 Juni 2016
17 Juni 2016, EUR/USD
The last trading day no bulls neither bears managed seize the initiative. Even though the pair took a strong oscillatory motion in fact remained at the same place.This is caused by a local correction within the frames of the wave iii of the emerging downward momentum.
Perhaps today we'll see an impulse decline within the wave iii. Thus, sales in the current situation is the best option for trading
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.
