Supposedly, the bearish correction within a zigzag-shaped wave 2 of senior level has finished forming. Apparently, a bullish impetus is forming now, with a wave (iii) of i of 3 developing within. If this assumption is correct and the price does not break the critical level 0.9285, it's logical to expect the pair to continue rising to the levels 0.9650–0.9770.
read more >>LiteForex - Analytics