It is time to buy | 28 July 2015
28 July 2015, EUR/USD
The Euro starts to gain confidence gradually and is ready to become a leading, but not a driver in the pair.
In addition, after a long impulse falling, we have not seen a proper bounce of bulls, the price was in the flat, which by the way is currently shaped as a bullish wedge.
At the moment, we see growth, which is obviously caused by the formation of wave (iii) of the rising impulse movement.
Thus, if this assumption is correct, in the future we can expect a good move in the upward direction.
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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.
