Photo: EURUSD: Intraday Outlook
Last Friday, the common European currency used US stats as a pretext to create a nonconventional price pattern, which was hard to identify by means of wave analysis. The mid-term trend remained bullish.
The chart below, courtesy of the SRP Department o , reflects the current state of affairs in the market of EURUSD. The experts feel bullish and assume that the pattern should be ignored. The recent bearish move will eventually be followed by another upswing.
So, it is necessary to monitor the chart within the next few hours in order to make the right trading decision.
Татьяна Каширская, аналитик отдела "Форекс, курс евро", трейдер кафедры СРП Академии трейдинга Masterforex-V
