Correction is completed, the pair EUR/USD is likely to grow. Estimated pivot point is at a level of 1.0986.
Main scenario: long positions will be relevant from corrections above the level of 1.0986 with a target of 1.1281 – 1.1403.
Alternative scenario: Breakout and consolidation below the level of 1.0986 will allow the pair to continue declining to the levels of 1.0880 – 1.0800.
Analysis: Supposedly, a descending correction of senior level in the form of the second wave 2 finished developing on the daily time frame as a zigzag, with wave (С) of 2 formed inside. Supposedly, the third...
Read full author’s opinion and review in blog of #LiteForex
