EUR/USD forecast: Euro rallied to the lowerside

eur-usdWave Analysis:

During the previous trading day, Euro rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly charts. As it is right now, we are looking for a possible long term sell position. If you are on this chart right now, wait for minor pull backs to the upperside to pick a low risk sell position, or wait and sell a break below the previous day’s lowest low to pick a possible long term sell position

Trade Recommendations:

We’re looking for a possible long term sell position.

We're looking for a possible long term sell position.

Origin: FreshForex

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