Wave Analysis
During the previous trading day, Euro rallied massively to the up side and even went above the zone 1.0990-1.0995. As long as the price is contained above this level, we’re waiting for a possible correction towards this zone to pick a long term buy order with an ultimate target around 1.12. The anticipated bullish price rally is the continuation of both the impulsive waves (v) and (c) and should first break above the previous day’s highest high before a move towards 1.12 or even higher is seen
Trade Recommendations:
Rebuy a rebound from 1.0990.
Origin: FreshForex
