Priority shall be given to purchases | 20 November 2015

20 November 2015, EUR/USD

Meanwhile the situation with the euro/dollar follows our scenario.

After the assumed completion of the correctional wave (iv) in the form of a plane, the price has taken an unconfident attempts to start growing and chose the level of 161.8% as the basis.

So far, buyers did not earn a great glory , and there is a great opportunity to open a Buy tarde with a good ratio of risk/profits.

If my assumption about further development of the upward momentum is true, in the future we can expect development of a strong and sustained impulse growth caused by formation of the wave (v).

 title=


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
Close
Login