Wave Analysis
During the previous trading day, Euro bounced off from the supportive trend line, headed to the upper side and is still pretty much bullish both on the daily and on the weekly Charts, while the price is held above the supportive trend line, we expect nothing but a possible momentum to the upper side, as long as the price is held within the contracting wedge formation, we will be waiting for a bounce from the lower trend line to pick a buy and a bounce from the upper trend line to pick a sell.
Trade Recommendations:
Look for buy positions towards the upper trend line.
Origin: FreshForex
