Correction continues | 08 December 2015
08 December 2015, EUR/USD
As we expected regarding the considered pair, it continued to develop a corrective pullback.
It is still too early to anticipate that soon the pair will resume to grow, cause it is likely that the pair will continue to be traded in the narrow range.
It should also be noted that there is a very good opportunity to open another position to buy, because in the event of renewed impulse growth, potential of movement has a few hundred points.
Thus, in the near future we expected correction to continue, whereupon the pair will apparently resume its growth.
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.
