Photo: курс евро пытается остановить падение
As the situation in the eurozone remains tense amid multiple debt and budget deficit problems. Obviously, it is aggravated by the crisis in Cyprus . In this aspect, the common European currency couldn’t but respond with a considerable decline against other major currencies.
EURUSD is currently recovering after Monday’s bearish gap, the SRP Department of reports that the current upswing can be wave A m30 of the forthcoming ABC pattern. Therefore, in the short run we may see the price going down and then further up (as shown below).
Татьяна Каширская, аналитик отдела "Форекс, курс евро", трейдер кафедры СРП Академии трейдинга Masterforex-V
