EUR/USD forecast: long as the price remains within the previous day’s highest high

a-3Wave Analysis:

Euro is still struggling within a range. As long as the price remains within the previous day’s highest high and lowest low. We are on the sidelines, we are basically waiting for a clear break below the previous week’s lowest low to continue short with the last impulsive wave and may see the price break below 1.10995 towards 1.10 and may extend even lower. On this chart, we are still looking for long term sell positions.

Trade Recommendations:

We’re sellers towards 1.10

We're sellers towards 1.10

Origin: FreshForex

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