Forex news.
Before the European trading session at FOREX market the chart of EURUSD currency pair at h1 timeframe shows the extremely long lasting bullish wave "А" of h1 level, which is the first wave of such strength against bearish trend of h4/daily wave level.
Present short-term perspective shows that there is an attempt to start correction to the rising trend that has lasted for several previous days. Falling "АВС" structure with hidden wave "В" has been formed within m5 timeframe, and its primary targets have already been reached. According to the specialists of the System of Early Prediction Sub-department within Masterforex-V Trading Academy, if price level 1.2840 is passed, there will appear an opportunity to bring correction to the entire bullish trend much higher.
