Forexpamm

EUR/USD. The final stage of the development of triple zigzag continues.

over the past trade day, no significant changes occurred. The price continues to remain under pressure threatening to fall even lower and this is probably only a matter of time.

in the near future, it is expected to continue the reduction of the pair due to the completion of the formation of the wave of the [z] of IV. At the same time, the movement is supposed to be insignificant, therefore it is not recommended to consider it for trading operations.

in this situation should wait for a turn and start growth In the alleged wave of IV, the initial diagonal triangle. So far, there are not even hints for this, so we remain outside observers.

Investment idea: Flat.