Bulls control the situation | 09 June 2015

09 June 2015, EUR/USD

As we supposed, euro continued its ascending movement within the frames of supposedly ascending impulse .

Though finally bulls were not even able to update local low, but it feels they have a potential for a further upward movement.

Since growth was notable and practically vertical, soon we will face a correction.

We think that this correction won't take much time to develop, so even today growth may continue within the wave iii of [iii] of (iii).

Bulls control the situation.


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.
Nikolay Krishtopov
FreshForex Analyst
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