Wave Analysis
We are still seeing struggling below the upper trendline. While the price remains below this trendline, we are looking for long term sell position towards the daily support level marked 1.17370. On its way to the lowerside the key levels to look for include 1.19745, 1.18543 and 1.16242. If the price breaks below this level, then we are still bearish towards 1.14. On the flipside, should the price breakout above the upper trendline, then we will be expecting further momentum much higher towards 1.23545.
Trade Recommendations:
Wait
Origin: FreshForex
