Wave Analysis
Just as previously forecasted, the impulsive wave (c) continued to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As long as the price remains above the level 1.0740, we expect nothing but a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the impulsive wave (c) and should break above 1.09350 towards 1.10015. This view can only be invalidated in case the price closes below 1.08995.
Trade Recommendations:
Look for possible long term buy positions.
Origin: FreshForex
