FX.co ★ EUR/USD wave analysis for April 1, 2011

During yesterday’s trading, the EUR/USD price advanced by another figure, to start declining from the reached day’s high at 1.4237. At the same time, the inner wave structure of the 3rd wave (or c) looks quite incomplete. Therefore, given the current wave situation, we might suppose that after forming the 4th wave in this 3rd (or c) the euro will keep growing in the direction the 43 figure level.