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Wave iii of [iii] has been completed

Wave iii of [iii] has been completed | 25 August 2015

25 August 2015, EUR/USD

Yesterday was even more successful for the single European currency, so it was able to even further strengthen its position having updated the local High.

So, the wave iii of [iii] the upward momentum has been presumably formed.

In the future, we obviously expect a corrective retracement, which will form the wave iv of that same impulse movement.

I have opened Sell trade based on the expectations of the specified rollback .

The formation of the wave iii of [iii]

Vasiliy Lukin
FreshForex Analyst
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