Wave Analysis
During the previous trading day, nothing much happened on this pair. Euro is still above the upper trendline, As long as the price remains above the upper trendline, we expect nothing but a possible momentum to the lowerside, the anticipated bullish price rally is the continuation of the impulsive wave (c) to the upperside and should breakout above 1.13450 towards the next level 1.14379. As it is, only buy positions looks more ideal and can be recommended especially while the price above the upper trendline.
Trade Recommendations:
Look for buy orders towards 1.13450.
Origin: FreshForex
