EUR/USD forecast: Euro continues to rally to the upperside

news_22_feb_2_euro_usdWave Analysis

Euro continues to rally to the upperside and is still pretty much bullish both on the daily and on the weekly charts. As we mentioned in our previous forecast, we are still looking forward for a possible long term sell position especially if the price can go as high as 1.1697. If the price hits this line, then this will be an ideal place to consider a possible long term sell position with an ideal target set around 1.1373.

Trade Recommendations:

We’re sellers from 1.1697.

We're sellers from 1.1697.

Origin: FreshForex

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