Corrective decline | 18 September 2015

18 September 2015, EUR/USD

The euro has decided not to keep its business on the shelf for a long time and continued to grow against the US currency.

Thus, presumably formed the wave i of the emerging upward impulse, which will develop the wave [iii].

In the near future we expect decline associated the formation of the correctional wave ii of [iii].

corrective decline is expected due to the development of wave ii.

The euro has decided not to keep its business on the shelf for a long time and continued to grow against the US currency.

Thus, presumably formed the wave i of the emerging upward impulse, which will develop the wave [iii].

In the near future we expect decline associated the formation of the correctional wave ii of [iii].


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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