Euro is ready to consolidate within the frames of correction | 16 July 2015

16 July 2015, EUR/USD

Euro is ready to consolidate within the frames of correction

The pair is still traded within a calm flat.

Yesterday Euro went down and reached its local Low.

It is evident that a certain support level presents here from which a bounce is expected.

This growth will be associated with development of the link wave [x] of an emerging double zigzug.

Euro is ready to consolidate within the frames of correction.

Euro is ready to consolidate within the frames of correction

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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