Wave Analysis
Perfectly according to the previous day’s forecast, the corrective three wave cycle pushed the price significantly to the upperside and even went above the upper trendline. As long as the price is contained above this trendline, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of this correction but should not go beyond 1.1400. But in case the price rallies to the lowerside, we’ll be waiting for a break below the same trendline to pick a sell.
Trade Recommendations:
Buy Euro towards 1.1400.
Origin: FreshForex
