Trading Conditions
Products
Tools
Technical summary:
We can observe a correction in red wave iv, which could be some kind of triangle consolidation before the final decline closer to 125.98 to terminate wave C of the expanded flat correction, which has dominated the picture since late December 2013. After this decline in wave C is over, we should see a new impulsive rally to above 149.55.
Trading recommendation:
Now, wave (v) C is advanced so well that a bottom could be found at anytime. So, we will be looking for EUR buying opportunity around 125.98.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.