EUR/USD forecast: Euro rallied to the upperside

news_22_feb_2_euro_usdWave Analysis:

Just as previously expected, Euro rallied to the upperside and is now almost hitting our take profit. On this chart, we are still upwards just as we mentioned, our expectataions is that the price should extend itself to the upperside with the next ideal target set at 1.19631. If the price brweaks and closes above this level, then further momentum to the uppperside is expected.

Trade Recommendations:

We’re buyers towards 1.19631

We're sellers towards 1.1672.

Origin: FreshForex

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