Decline | 27 Juni 2016

27 Juni 2016, EUR/USD

The trend breakdown was a signal to open Sell trades. Retest made this signal even stronger. This was how the wave iii of the descending impulse continued its development. There is a good potential for a deeper decline, so soon the pair will continue its downward movement within the frames of the considered wave iii of the bearish impulse.


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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