Wave Analysis
The Us Dollar is still rallying withing a contracting wedge formation, as long as the price remains within this range formation, we’re waiting for a sell from the upper trend line and a buy from the lower side trend line. Should the price break and close above the upper trend line then further momentum to the upper side is expected with an ultimate target around 118.000. And on the other side, should the price break and close below the supportive trend line, then further momentum to the lower side is expected towards 103.750.
Trade Recommendations:
Wait
Origin: FreshForex
