Decline is expected | 02 November 2015
02 November 2015, EUR/USD
As we expected, the considered pair started to grow.
However, in the near future we will not see continuation of bullish movement.
We assume that after emergence of new movement, the price often comes back to the point where in fact this movement started.
This is done to wipe out of the market espcially coward bulls.
Thus, in the near future we expect fall of the price to the local Low, whereupon the pair will continue to rise within the frames of the impulse wave (v).
.png ".")
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.
