Wave Analysis
Nothing much appears to be happening on this pair, The price is still stagnating around 1.1074. As along as there is no clear breakout above 1.1074, we choose to remain on the sidelines, our expectations is that the price should continue to the upper side after breaking above this level 1.1074. On the upper side, an ideal resistance level can be seen around 1.1170. And on the flip side, should the price successfully bounces off from 1.1074, then this will be an ideal place to pick a long term sell order with an ultimate target at 1.1005.
Trade Recommendations:
Wait
Origin: FreshForex
