Wave Analysis
Just as we indicated during the previous trading day, Euro continued to rally to the upper side and is still pretty much bullish both on the daily and on the 1 hour charts. As we mentioned during the previous day’s forecast, we expect nothing but a possible momentum to the upper side. If you are looking at this chart right now, you may wait for a pullback to pick a low risk buy position. However, if the price pulls back down and breaks below the previous day’s lowest low, then we will be looking for a possible long term sell position.
Trade Recommendations:
We’re buyers
Origin: FreshForex
