EUR/USD Forecast: expect this inside bar to push price to the upper side

eur_new_1Wave Analysis

The previous day’s candle was a perfect bullish inside bar. The overall trend, however, is still downwards, We expect this inside bar to push price to the upperside but should not go beyond the zone 1.14189-1.13761. As log as the price remains below this zone, we’re still downwards, and even better while the price remains below the upper cloud formation, I expect nothing but a possible momentum to the lowerside. If the price breaks above 1.14189, then this will be an ideal place to look for a buy order.

Trade Recommendations:

Wait

Look for a sell from within the zone 1.14189-1.13761.

Origin: FreshForex

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