Wave Analysis
So far, on this chart, we are yet to see a clear breakout above 1.19044. If the price can break and close above 1.19044, then this will be an ideal place to consider a possible long term buy position with an ultimate target set around 1.3564 and could breakout much higher. If the price rebounds from 1.19044, then we will be considering a possible sell position towards 1.16184, a break beyond this level will push the price to the lowerside with the next ideal target sety around 1.13544 and may still stretch lower.
Trade Recommendations:
Wait
Origin: FreshForex
