Third impulse wave is expected | 25 January 2016

25 January 2016, EUR/USD

The Euro remains under a heavy bearish pressure and still can not find resources to resume growth.

As long as the current situation remains bullish, at the moment, we assume that the wave ii of the upward momentum is forming.

So, if this assumption is correct, in the near future we expect a strong impulse growth of the pair caused by development of the wave iii

Third impulse wave is expected


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
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