Dmitri Lysenko
Forex news.
Common European currency enters the last day of the week at Forex market as a part of wave h4 up. By its nature the wave is correctional to previous bearish impulse of certainly not smallest wave level. At this point it is too early to speak about its termination, except the fact that EURUSD currency pair has reached its target points.
There is certain likelihood that wave "А" m15 down, which is forming on the eve of European trading session, may become the first stage of transition to lasting bearish trend h4 and higher. As proved by the experience of the System of Early Prediction Sub-department of Masterforex-V Trading Academy, there is no need to hurry when making trading decisions, for the first wave is inevitably followed by wave "В" m15, and only then the desirable profit-making wave "С".
Dmitri Lysenko
