We still sell the euro | 13 June 2016

13 June 2016, EUR/USD

The third wave of downward momentum is being gradually formed. The price is dropping. While the most part of investors do not believe in a further decline, but at a certain moment, the price can accelerate its movement.

You can try cautious sales after correction by setting a Sell pending order with the Stop Loss at the local Low. So, a minor corrective upward pullback may take place, whereupon the pair will resume its drop.


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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