Alexander Dneprovskiy
Wave analysis
Yesterday during the whole day the EUR/USD currency pair was trading between 1.3570 and 1.3730 levels. At the same time the formation of the expected 4th wave in the 3rd, or c, was continued. It should be mentioned that given the current inner wave structure of this 4th wave we might expect that its targets are located between 1.3750 and 1.3800. In the meantime, in case the euro finds enough power to continue the upside movement to higher price levels, the inner wave dimension of the 3rd wave, or c, will demand corresponding corrections.
http://instaforex.com/forex_analysis/38572/?x=OUE
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