EUR/USD
After an impulse for reduction The Eurodollar generates a consolidation in a narrow range. Today, we are considering movement down and a continuation in reduction to the level of 1.0900. Next, we will consider the possibility of restoring a test below the 1.1000 level. Then - again a decrease to a down trend.
GBP/USD
The pound to dollar pair has formed a trend to continue growth and today broke through the consolidation up. We regard the development of an alternative scenario for the development of the third wave of growth with a working level of 1.5750. This structure may develop the full potential of the wave with the aim of 1.5870 even without the correction. Thus we get a new consolidation range in the daily scale, folding into a global "Triangle".
