The target has been reached | 29 October 2015
29 October 2015, EUR/USD
The situation for this pair has been developing very well.
As we expected, the pair continued the momentum decline caused by development of the final wave v of [c] of (iv).
Thus, the goal of correction has been reached, the plane received its final shape.
Now, in the future we expect beginning of a reversal and impulse growth.
I suppose it is early to enter the market, we should wait for the first bullish price movement. Meanwhile, the pair looks down.
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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.
