Wave Analysis
After plunging massively, the US dollar is currently pulling back to the upperside, as it is right now, we are expecting further momentum to the lowerside after the end of the current bullish correction, We expect this corrective wave count to push price upwards but should not go beyond the previous day’s opening price. If you are looking at this chart right now, keep looking for low risk sell positions expecting the price to continue dawn to as low as 105.00 or even lower.
Trade Recommendations:
We’re sellers towards 107.906
Origin: FreshForex
