EUR/USD forecast: expect bearish momentum to the loweside

news_22_feb_2_euro_usdWave Analysis:

This pair has been trading within the upper and the lower trendline for a while now,the price is currently at the upper trendline,I expect bearish momentum to the loweside with an ideal target at 1.0950.On the flipside , should the price break and close above 1.1444,then I expect bullish momentum to the upperside with an ideal target at 1.1875,or even further.

Trade Reccommendations:

We are sellers towards 1.0950.

Origin: FreshForex

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