Wave Analysis
We continue to see struggling within the upper trendline and lower trendline. As we mentioned during the previous trading day, we are watching for a possible buy from the lower trendline to pick a buy and rebound from the upper ttrendline to pick a possible sell position. In case the price breaks above the upper trendline, then further momentum to the upperside and in case the price breaks below the lower trendline, then further momentum to the lowerside is expected.
Trade Recommendations:
We’re on the sidelines.
Origin: FreshForex
