Wave Analysis:
During the previous trading day, the Us Dollar remained above the upper trendline and is still showing signs of moving even higher. If you are looking at this chart right now, I recommend you keep looking for long term buy positions expecting the price to rally much higher towards 111.67 and may extend even higher. On the flipside, if the price breaks below the immediate trendline, then we are sellers towards 105.79 and may extend much lower.
Trade Recommendations:
We’re buyers towards 111.78
Origin: FreshForex
