The wave [iv] is emerging | 25 7月 2016

25 7月 2016, EUR/USD

Currently the price is being traded at the lower border of the wedge and therefore there is a high probability that we will see the next rebound from it. Thus, it appears that formation of correction as a triple three figure in the wave [iv] will continue, so trading shall be vert cautious and although we expecte a slight surge, it is better to sell than to buy. But it us even better staying out of the market and monitor the probable continuation of correction.

Vasiliy Lukin
FreshForex公司的分析员
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