02 September 2016, EUR/USD
Yesterday this pair had unpleasant prompt growth.
After brief decreasing bulls had possibility to change the situation and drove back bears.
Bears didn’t prepare to this and price had easy upward bounce.
But this moving could be correction as simple zigzag.
It is possible that the correction wave iv of decrease impulse could be formed.
If this suggestion is correct we could expect renewal of decreasing moving of the pair.
But it is dangerous to sell here it is better to wait for more clear signal.