Wave Analysis
During the previous trading day, instead of continuing upwards towards 1.14030-1.13902. As long as the price remains below this zone, we are looking for a possible momentum to the lower side and should go break below 1.12415 towards 1.11800. And should the price break and close above 1.14030 then this will be a good place to consider a possible long term buy position towards 1.15145 or even higher. As it is now, look for low risk sell positions with an ideal target mentioned above 1.11390.
Trade Recommendations:
Remain short towards 1.11800.
Origin: FreshForex
