The wave ii is being formed | 17 December 2015
17 December 2015, EUR/USD
The pair has failed to continue to move in an upward direction, began to fall which supposedly has a corrective nature.
It is likely that the upward movement was formed in the form of the wedge.
Thus was formed the wave i of an emerging upward impulse.
The observed decline has obviously a corrective nature and, therefore, in general, we expected a resumed impulse growth of the pair
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.
