EUR/USD. Correction decrease.

eur usd korrekcionnoe snizhenie 1

EUR/USD. Correction decrease.

EUR/USD. Коррекционное снижение.

The price managed to reach a local maximum, but so far the feats of the buyers have ended. Basically, these prices are expected to resume the decline due to the development of the corrective wave ii. An attempt to decline was made, but there was a buyout and now we can expect another attack from sellers.

If successful, we will see a good downward movement within the framework of wave ii formation, and the specified wave in the course of this movement will get the final form. After that, the momentum is expected to develop in the third wave.