Double zigzug continues | 20 July 2015

20 July 2015, EUR/USD

A tardy downward movement of Friday continued.

In the result, a descending impulse of the shallow order is start of a second zigzug in the emerging wave [y].

So, If our assumption is correct, in the nearest time we'll see a slight growth of the pair, whereupon a decline within the frames of a specified correctional model will go on..

Double zigzug continues.


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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