The pair is still indecisive | 07 July 2015

07 July 2015, EUR/USD

Contrary to expectations, Euro was not able to grow either fall and is standing on almost the same place as it used to.

Indecisiveness and confusion can be understood: referendum has not brought everything to a clarity. Greece remains in Euro zone and still have a chance to agree with its creditors.

In terms of wave structure, nothing changes and expectations remains the same – we suppose that sharp impulse growth will develop associated with formation of the wave iii.

So, I opened Buy trade.

The pair is still indecisive.


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
FreshForex Analyst
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