Correction achieved its targets | 05 November 2015

05 November 2015, EUR/USD

In previous forecasts we mentioned, that downward decrease can achieve a local Low. The price really has a strong correction after previous growth. So, buy orders are actual from current levels now, and if forecast is right, some strong increase is expected to appear soon. With that in mind long position was opend with Stop Loss below local Low, I wait for further development.

Correction achieved its targets

Vasiliy Lukin
FreshForex Analyst
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