EUR_USD pair almost ideally worked-off an equality of the waves A to C inside the 5th of the ascending trend. In fact we could speak of the possibility for u-turn beginning. But C, inside its inner structure, doesn’t completed by five-fold wave structure for now. Therefore after some roll-back, we can expect the trend continuation to the nearby levels of 1.4535, and then, possibly, more further – to 1.4785.
Analysis prepared by:
Maxim Dmitrievsky
Forex4you analyst