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.
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 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.
