Wave Analysis
Yesterday, EURUSD rallied to the lowerside and is still showing signs of continuing much lower. As long as the price remains below the previous day’s lowest low, we expect a possible continuation of the last impulsive wave (v) to the lowerside and may break below 1.1412 towards 1.1355 and may extend much lower. As it is right now we are strictly looking for low risk sell positions. Buy positions looks a bit risky and may not be recommended.
Trade Recommendations:
We’re sellers towards 1.1355
Origin: FreshForex
