The target has been reached | 29 10月 2015

29 10月 2015, EUR/USD

The situation for this pair has been developing very well.

As we expected, the pair continued the momentum decline caused by development of the final wave v of [c] of (iv).

Thus, the goal of correction has been reached, the plane received its final shape.

Now, in the future we expect beginning of a reversal and impulse growth.

I suppose it is early to enter the market, we should wait for the first bullish price movement. Meanwhile, the pair looks down.

The target has been reached

Vasiliy Lukin
FreshForex公司的分析员
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