Horizontal triangle is going to be completed | 09 October 2015

09 October 2015, EUR/USD

We assume that the euro/US dollar is to continue development of a horizontal triangle formed as the wave (iv).

To be finally formed, this model lacks a slight decline associated with development of the wave [e]. < / p>

Thus, in the near future, we expect a slight drop, in the course of which the horizontal triangle will take its final form.

 expected completion of the horizontal triangle.


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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