EUR/USD forecast: Euro rallied to the lowerside

news_22_feb_4_euro_usdWave Analysis:

Just as in the British pound, Euro rallied to the lowerside and is still showing signs of continuing much lower. If you are looking at this chart right now, keep looking for sell orders. And in case the price pulls back to the upperside, and ends up breaking above the previous day’s highest high, then this will be a good place to consider a possible long term buy position. As it is right now, only sell positions looks ideal with an ideal target set around 1.14113.

Trade Recommendations:

We’re sellers towards 1.14113

We're sellers towards 1.14113

Origin: FreshForex

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