Third wave of the rising impulse | 14 January 2016
14 January 2016, EUR/USD
The considered pair continued development of correction, emerging in the assumed wave iii of the rising impulse.
The mentioned correctional wave is the second one in the impulse.
Meanwhile it is difficult to say how long correction will continue, but outcome is close.
So, if our assumption is correct, in the near future we expect a rapid impulse growth caused by development of extension in the wave iii.
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.
