Yuriy_Kuznetsov

Decrease is farther

Short
Yuriy_Kuznetsov Updated   
FX:EURUSD   Euro / U.S. Dollar
I specified two purposes for decrease in EUR/USD in the June idea 1.1812 and 1.1621. And so the first objectives were achieved July in the beginning. Further there passed the wave of correction and now it is possible to expect a new wave of decrease to the second purpose 1.1621. On the chart it is visible that the price is now at the top line (trend line) of the dispersing triangle from where the price can begin the movement.

Information provided is only educational and should not be used to take action in the market.
Trade closed: target reached
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