Correction is still developing | 22 July 2015

22 July 2015, EUR/USD

Meanwhile, the pair completely follows our scenario.

Following to a short decline, the price continued to grow. Then it started to correct within the frames of an emerging double zigzug.

So this growth turned to be short and in the nearest time we shall expect renewal of decline. This drop will eventually form the wave (ii).

Correction is still developing.


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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