Wave Analysis
The Us Dollar continues to rally within the range, not going above or below the supportive trend line. As long as the price remains within this range, we’re waiting for a either a bounce from the upper trend line to pick a sell or a bounce from the lower trend line to pick a buy. In case the price breaks and closes below the supportive trend line, then further momentum to the lower side is expected towards 100.690. And should the price break and close above the upper trend line, then we expect further momentum to the upper side.
Trade Recommendations:
Wait
Origin: FreshForex
