Forex news.
EURUSD currency pair has started a new trading week at FOREX market with an optimistic gap. This is considered to be a continuation of m15 wave “C”, which has been intermitted during the weekend, but which has not yet reached its target. On the eve of European trading session there is a flat-type “ABC” pullback structure of m1 wave level.
According to the specialists of the System of Early Prediction Sub-department within Masterforex-V Trading Academy, the nature of bullish trend generally allows to predict the start of uptrend within h4-h8 timeframe. Locally, m15 wave “C” will stop when the down turning point is passed at the point of 1.3204.
