Wave Analysis:
After establishing a high around 115.625, the Us Dollar pulled back to the lowerside and is still showing signs of continuing much lower. On this chart, we are looking forward to further correction to the lowerside and should see the price break below 112.715 towards 111.74 or even lower. As it is right now, we are looking for low risk sell positions.
Trade Recommendations:
We’re sellers.
Origin: FreshForex
