EUR/USD forecast: euro rallied to the upperside

eu-l15Wave Analysis

During the previous trading day, euro rallied to the upperside and is still pretty much bullish both on the daily and on the weekly charts. If you are looking at this chart right now, we recommend looking for long term buy position expecting the price to break beyond the previous day’s highest high towards 1.1849 and may extend even higher. The key thig about this chart is that we are now upwards. and in case the price pulls back slightly to the lowerside then this will give us an ideal place to consider a possible buy position.

Trade Recommendations:

We’re buyers towards 1.1849

We're buyers towards 1.1849

Origin: FreshForex

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