Wave Analysis
Since the previous trading day, nothing much has happened on this pair, we are still seeing struggling below the same trendline. As it is right now, we are looking for a possible long term sell positions. The anticipated bearish price rally is the continuation of the last impulsive wave (E) to thhe lowerside and should see price break and close below 1.16303, if this is the case, then further momentum much lower is expected towards 1.15.
Trade Recommendations:
We’re short towards 1.16303.
Origin: FreshForex
