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FX.co ★ EUR/USD wave analysis for May 30, 2011

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Forex Analysis:::2011-05-30T08:48:30

EUR/USD wave analysis for May 30, 2011

EUR/USD wave analysis for May 30, 2011

The EUR/USD currency pair continued to move upside, forming a quite complex wave situation of the whole upside movement developing since May 23. At the same time, given the correction scenario, such growth of the price can be considered as a forming structure of the c wave, in the B. If so, the targets for this c wave, in the B, may be located near the 1.4450 level.

Analyst InstaForex
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