Wave Analysis
Just as previously anticipateed, euro continued to the lowerside and is still pretty much bearish. As long as then price remains below the Alligator indicator, we expect nothing but a possible momentum to the lowerside, the anticipated bearish price rally is the continuation of the last impulsive wave (v) to the lowerside and should see a break 1.1704. if the price breaks below this level, then further momentum much lower is expected. As it is now, we keep looking for long term sell positions.
Trade Recommendations:
we’re sellers towards 1.1704
Origin: FreshForex
