Wave Analysis:
The Euro has been on a downtrend for a while now, currently the price is on the upper trendline in a corrective wave cycle four, during the last trading days the price tried breaking above the upper trendline but it ended up closing below it with a pin bar, we expect a rebound to the lower side towards 1.0910 in continuation of the impulsive wave cycle five. Right now we are sellers.
Trade Recommendations:
We are short towards 1.0910.
Origin: FreshForex
