EUR/USD forecast: Euro is currently on an impulsive wave count three

news_22_feb_4_euro_usdWave Analysis:

The Euro is currently on an impulsive wave count three,the price is on the lower trendline,I expect the price to bounce off from the lower trendline towards the upper side in continuation of the corrective wave cycle four,then a rebound from the upper trendline towards the lower trendline around 1.1270 or even much lower in continuation of the impulsive wave cycle five

Trade Reccommendations:

We are buyers from 1.1297 towards 1.1360.

We are buyers from 1.1297 towards 1.1360.

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