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The pair is likely continue to stay within the flat

The pair is likely continue to stay within the flat | 22 June 2016

22 June 2016, EUR/USD

In the meantime, the situation is in favor of sellers. We assume that now the wave ii is being formed, which belongs to the emerging downward momentum.

However, selling is not worth, because the adjustment can take an even more complex form. The best option is to trade on breakdown as it is shown on the chart.

The pair is likely continue to stay within the flat

In the meantime, the situation is in favor of sellers. We assume that now the wave ii is being formed, which belongs to the emerging downward momentum.

However, selling is not worth, because the adjustment can take an even more complex form. The best option is to trade on breakdown as it is shown on the chart.

Vasiliy Lukin
FreshForex Analyst
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