Yesterday the EUR/USD currency pair could not decide on its further direction and traded further in the channel along the 42 figure level. At the same time narrow range of intraday price change indirectly denotes close culmination of this uncertain situation. Simultaneously, the wave situation formed after July 27 does not yet enable us to interpret its further development explicitly; only the location of the Stochastic gives us certain hint for further growth of the price in favour of the euro.
