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Wave [iii] is expected to be formed

Wave [iii] is expected to be formed | 02 June 2015

02 June 2015, EUR/USD

Bears continue to constrain their rivals insistently and don't let them lift their head up.

But bulls do not retreat and balance is pretty equal. The result is an almost standing price.

We think that bulls will yet make this balance tilt to their side and the pair will start growth.

Almost everything speaks for growth: Fibo level 61.8%, ready zigzug, now we need only impulse growth associated with development of the wave [iii] of (iii).

Formation of this wave is expected in the nearest time.

Wave [iii] is expected to be formed

Vasiliy Lukin
FreshForex Analyst
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