Wave Analysis
According to the intraday stochastic attached, EURUSD is currently over bought, as long as the price remains above the 80 level, we are expecting a possible sell anytime, as it is now, we may still see further momentum to the upper side and could break above 1.2012. And in case the price bounces off from 1.17370, then this will be a good place to sell considering the fact that the stochastic is above the 80.0 level. The anticipated bearish price rally is the continuation of a corrective wave count towards 1.14590.
Trade Recommendations:
Wait
Origin: FreshForex
