EUR/USD forecast: Euro bounced off from the upper trendline

forex-news-euroWave Analysis:

Recently, Euro bounced off from the upper trendline and is currently heading to the lowerside expect this bearish price rally to be the continuation of an impulsive wave count and could see the price break below 1.15275 and may continue much lower. The anticipated bearish price rally is the continuation off the last impulsive wave (E) to the lowerside and should break below 1.1527 towards 1.14 or even lower.

Trade Recommendations:

We’re sellers towards 1.15274

We're sellers towards 1.15274

Origin: FreshForex

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