Wave Analysis
During the previous week, the euro continued massively to the lower side and is still showing signs of continuing to the lower side, while the price is not able to break above the upper trend line,we expect nothing but a possible momentum to the lower side, the anticipated bearish price rally is the continuation of the impulsive wave cycle and could see the price break below 1.10590. A break below this level will push the price even much lower towards 1.08640 towards 1.07990.
Trade Recommendations:
Remain short towards 1.08640.
Origin: FreshForex
