FOREX EUR USD forecast — June 22, 2016


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Currency pair EUR USD was unable to form an inverted model and showed strong growth. At the moment, there is the potential for formation of bullish wave pattern Wolfe.

FOREX EUR USD forecast — June 22, 2016

FOREX EUR USD forecast — June 22, 2016

To do this, see the pair falling of quotations in the region at the level of 1.1030, where you can try to buy the euro, the dollar with a close stop. The purpose of growth is the region stands at a level above 1.15. Therefore, at this moment we should expect the wedge and try to continue falling test the upper boundary of the model.

FOREX EUR USD forecast — June 22, 2016 suggests an attempt to drop quotations EUR/USD within the framework of the formation of the bull wave pattern Wolfe with a potential fall in the level of 1.1030, where we can expect the beginning of growth.


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