Wave Analysis:
Euro is still rallying below the lower immediate trendline, as we mentioned in our previous analysis, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of an impulsive wave count and may see the price break below 1.10995 and may extend much lower. If you are looking at this chart right now, I recommend you keep looking for a possible long term sell positions.
Trade Recommendations:
We’re sellers towards 1.10995
Origin: FreshForex
