In anticipation of decline | 07 October 2015
07 October 2015, EUR/USD
The pair has seriously stuck at current price levels.
The flat has been almost a second month, and every day brings us closer to the denouement.
We assume a decline due to development of the wave iii of [iii] downward momentum.
So far, however, this option has not been confirmed and we will not be adding new positions to the earlier open one.
We are waiting for confirmation or refutation of the selected wave scenario.
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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.
