Expecting the movement | 04 Juli 2016

04 Juli 2016, EUR/USD

An attempt to start careful sales has ended in failure. The pair decided to continue correction with a sluggish growth.

However, in terms of the beginning of active and directional movement, this week should be the key week. In the near future we may witness a strong downward movement. Now we need to patiently wait for the first active steps of the price in the right direction (i.e. downward) and start to open trades.


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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