Wave Analysis
Nothing much happened on this pair, the US dollar is still within the two wide wedge lines. As it is now, we are eyeing a possible rally towards the upper trendline and should not breakout above it. If the price breaks below the inner lower trendline, then this will be a good place to consider a possible long term sell position towards the lower trendline and should breakout much lower. If the price breaks below this trendline then this will be a good place to consider a possible long term sell position towards 102.415.
Trade Recommendations:
Sell a break below the lower trendline.
Origin: FreshForex
