Third impulse wave is expected | 26 January 2016

26 January 2016, EUR/USD

Buyers still do not want to go into action. Since the wave pattern keeps a bullish tone, we have nothing else but to wait for beginning of growth.

Thus, in the near future we expected the wave iii of the rising impulse movement to start its development.

Third impulse wave is expected

Buyers still do not want to go into action. Since the wave pattern keeps a bullish tone, we have nothing else but to wait for beginning of growth.

Thus, in the near future we expected the wave iii of the rising impulse movement to start its development.

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.

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Vasiliy Lukin

FreshForex Analyst

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