Expect for the small correction development | 14 August 2015

14 August 2015, EUR/USD

There no changes for this pair.

As we expected, bulls didn’t manage to update the local maximum and, as a result, the correction formation has probably started.

In the nearest time we shall expect for the correction continuation, after this the ascending movement will be proceeded.

I remind that the considered growth is probably formed within the wave iii [i] development.

Expect for the small correction development.


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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