Short correction pause | 13 August 2015

13 August 2015, EUR/USD

The pair went up at least.

Obviously this was the beginning of the wave iii of [i] of (iii) of the ascending impulse.

However, before continuing its movement buyers have to take a short pause in regard of the short-term correction on the small wave levels.

In this case the continuing growth of the impulse wave is expected after the small decline of the pair.

Short correction pause


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
Close
Login