Forex news.
EURUSD currency pair has been within bearish trend for exactly one week. The trend has been gaining power for all this time and has reached wave level higher than h4 by the beginning of today’s European trading session at FOREX market.
AO Zotik index shows that the trading tool is within the flat zone of h4 timeframe; this encouraged to decline to lower timeframe m15, which is characterized by clear bearish wave "А" and wave "В", which supposingly finishes its formation. If the impulse nature of EURUSD currency pair decline remains, profit may be earned from inevitable wave "С".
Otherwise, according to the specialists of the System of early Prediction Sub-department within , correction will become intricate, and the currency pair will not leave the flat for a long time.
