Wave Analysis:
Last week, we saw a surge to the lowerside as Euro maintained an active downtrend. As it is right now, we keep looking for low risk sell positions expecting a possible break below the previous week lowest low. The anticipated bearish price rally is the continuation of both the impulsive waves (5) and 5 and may see the price break below 1.11275 towards 1.1221.
Trade Recommendations:
We’re sellers towards 1.11275.
Origin: FreshForex
