Wave Analysis
Euro is currently in an active up trendline. As long as the price remains above the blue line of the alligator indicator we are looking for a possible long term but position expecting price break above 1.21855. If the price breaks and closes above 1.21855, then this will be a good place to consider a possible long term buy position with an ultimate target set around 1.2345 a breakout much higher with the next ideal target set at 1.25. On the flip side, a break below the blue line will push the price to the lowerside towards 1.19995.
Trade Recommendations:
Look for low risk buy positions towards 1.21855.
Origin: FreshForex
