Third wave is still developing | 07 Juli 2016

07 Juli 2016, EUR/USD

The bearish scenario is still relevant and current growth has a corrective nature. We can expect continuation of decline of the pair within the borders of the wave iii of the downward momentum. A Sell trade is recommended on update of the local Low, for this you can use a pending Sell Stop order

The bearish scenario is still relevant and current growth has a corrective nature. We can expect continuation of decline of the pair within the borders of the wave iii of the downward momentum. A Sell trade is recommended on update of the local Low, for this you can use a pending Sell Stop order

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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