Wave Analysis
Yesterday, the US continued to the upper side and is still pretty much bullish both on the daily and on the weekly charts, while the price remains above the Alligator indicator attached, we expect nothing but a possible momentum to the upper side with an ultimate target around 110.00. If this target is broken, then further momentum to the upper side is expected. But in case the price breaks and closes below the lower blue line, if this is the case, then further momentum to the lower side is expected with the first target around 107.540 and the next target at 107.140.
Trade Recommendations:
Remain long with your target at 110.00.
Origin: FreshForex
