Wave Analysis
Perfectly as previously forecasted, euro rallied to the upper side and is still showings of rallying even higher. As we mentioned few days ago, as long as the price remains above 1.1335, we expect further momentum to the upper side with the next ideal target being 1.1746. This is from the bullish point of view but from the bears side, we’re are only cleared to look for a sell position should the price break below 1.1335, if this is the case, then we’ll expect further momentum to the lower side with the next ideal target being 1.1165.
Trade Recommendations:
We’re long.
Origin: FreshForex
