Wave Analysis
EURUSD is currently in an active downtrend. As long as the price remains below the black line, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (c) to the lowerside and should break below 1.1315 and may extend much lower towards 1.1120. And in case the price breaks above the level 1.1553, then we may extend further momentum much higher.
Trade Recommendations:
We’re sellers towards 1.1315
Origin: FreshForex
