EUR/USD forecast: Euro rallied to the lowerside

news_22_feb_4_euro_usdWave Analysis

During the previous trading day, Euro rallied to the lowerside and is still showing signs of continuing much lower. As it is right now, we expect nothing but a possible momentum to the lowerside and may see a possible break below the current end of the impulsive wave (v) and may break below it towards 1.10. If you are looking at this chart right now, keep looking for a possible long term sell position with an ultimate target set at 1.10.

Trade Recommendations:

We’re sellers towards 1.10.

Origin: FreshForex

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