Wave Analysis:
After the break below the significant level seen last week, we’re yet to see any clear intense moves to the lowerside, as it is right now, we are looking for a possible long term sell position. The anticipated bearish price rally is the continuation of an impulsive wave count and should see price head much lower. If you are not already in a sell position, we recommend you remain on the sidelines and wait for a pullback.
Trade Recommendations:
We’re sellers towards 1.21
Origin: FreshForex
