Wave Analysis
Euro continues to struggles below the zone 1.18875-1.19334. On this chart, we’re possibly going to see a rebound from the upper trendline to pick a long term sell position towards 1.16330. And in case the price breaks and closes above 1.19334, then this will be a good place to consider a possible long term buy position with an ultimate target set around 1.20280. On the flipside, a breakout below the three alligator lines will push the price to the lowerside with an ultimate target set around 1.16330.
Trade Recommendations:
Wait.
Origin: FreshForex
