Upward impulse | 08 September 2015

08 September 2015, EUR/USD

The daily chart: yesterday another inside bar was closed. Such a strong consolidation will be distributed by a strong momentum. Structure of the chart - a pure rising, so the main medium-term expectation is growth of the euro above the last Top

Upward impulse

h1 chart:clamping of the spring, which is about to decompress. And you can go from the current levels, but "snipers" can take a chance and wait for the downward swing to be able to enter with minimal Stops.

Upward impulse

Scenarios: Not below 1.1150 you can expect impulse growth to 1.14 and medium-term target 1.1750.

solutions:

1) Buy to 1.14 or to 1.1750 (medium-term).

Aleksey Panasenko
FreshForex Analyst
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