EURUSD 5.May
In fact, EU continued yesterday its downtrend without a pause. IT seems to me that now the pair managed to find its low in 1.295-1.3 area (261.8 level comparing to wave 1). Let me remember, that the current bearish move is determined as wave 5.
Maybe, the time has come to see a significant correction on EU, but it’s not clear if we’re secure from the possibility of expanding the wave.
The chart is attached.
