Standing still in anticipation of decline | 14 Juli 2016
14 Juli 2016, EUR/USD
The situation is bearish, although the correction looks too extended to take it as the figure of the smaller level. Soon we still expect a strong impulse decline of the pair boosted by extension in the wave iii.
Tor this reason, I am still holding my Sell trades, and on update of the local Low, it will be possible to open more positions.
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.
