FX.co ★ EUR/USD wave analysis for May 27, 2011

Yesterday’s multidirectional trading did not allow the EUR/USD to develop the upside movement within the estimated c wave, in the B. At the same time we might suppose that the price is forming a quite complicated inner wave structure of this correction c wave, in the B. If so, as we mentioned before, the upside movement might develop in the direction of the levels between 43 and 44 figures.