Decline is most likely option | 05 April 2016

05 April 2016, EUR/USD

Yesterday the pair had been standing in the same range without taking any steps.

But as we know, one must draw the line somewhere, so at any moment something can happen - for example, an abrupt price movement.

Decline is most likely option, because a double zigzag looks completely finished.

Thus, my opened trades remain in effect, but still I cannot turn them into the black


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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