Wave Analysis:
Initially the Euro was on a downtrend and completed all the wave cycles,during the previous trading days, the price started moving towards the upper side in a move to correct the previous wave count five.Currently the price is slightly below the resistance level (1.1478-101469),as of now we are looking for sell positions around the resistance level,as long as the price remains below this level we are short towards 1.1290.
Trade Reccommendations:
We are sellers.
Origin: FreshForex
