Wave Analysis
During the previous trading day, euro pulled back to the upperside and may continue to the upperside even during this trading day, However, on the monthly chart, we are still sellers which means the current bullish price rally on the daily chart is a corrective wave count and should not go beyond the monthly reistance zone marked above, on the otherside, if the price should break below tthe previous day’s lowest low, then this will mean we are continuing short with the long term sell we identified on the monthly chart.
Trade Recommendations
We’re temporarily upwards
Origin: FreshForex
