Yesterday the EUR/USD could not develop the recent downside movement and went up from the reached low (1.4155) by almost a figure later in the day. At the same time current wave situation allows further development of the upside movement and forming a more complex inner wave structure of the 5th wave, in the 3rd. Simultaneously, the euro still might resume downside correction in the range of future continuous 4th wave.
Performed by Alexander Dneprovskiy, Analytical expert
InstaForex Companies Group © 2007-2011
http://instaforex.com/forex_analysis/26247/?x=OUE
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