FX.co ★ EUR/USD wave analysis for February 25, 2011

The EUR/USD currency pair is continuing to grow in favour of the dollar amid positive signals of improving financial situation in the main European economies and geopolitical instability in the world. At the same time the euro has chances to continue the uptrend and form its future c wave. However, if the price cannot fixate above the 1.3865, all the correction structure formed after February 2 might need a clarification.