Wave Analysis
Euro has pulled back perfectly as previoulsy forecasted and is now above 1.12471. This is a key level and as long as the price remains above it, we expect a possible momentum to the upperside. The current bounce from 1.12471 is a possible end to the corrective wave (b), that the unfolding bullish price rally is the continuation of the impulsive wave (c) and may break above the upper trendline towards 1.22033. Should price break below 1.12471, then I’ll expect a move even lower towards 1.07330,
Trade Recommendations:
We’re bullish towards 1.22033
Origin: FreshForex
