Wave Analysis
Yesterday, nothing much happened on this pair, we expected a possible rally towards 1.17115, however, the price could not breakout any higher. As it is now, we are waiting for a clear breakout below the previous day’s highest high to pick a low risk buy position or a breakout below the previous day’s lowest low to pick a low risk sell position with an ultimate target set around 1.1526 and could breakout much lower. As it is now, we recommend remaining flat for sometimes .
Trade Recommendations:
Wait
Origin: FreshForex
