Decline | 27 June 2016

27 June 2016, EUR/USD

The trend breakdown was a signal to open Sell trades. Retest made this signal even stronger. This was how the wave iii of the descending impulse continued its development. There is a good potential for a deeper decline, so soon the pair will continue its downward movement within the frames of the considered wave iii of the bearish impulse.

Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .