Wave Analysis:
The current downward price move is a correction of the previous impulsive wave cycle five,this pair has been trading above the resistsnce zone (1.1294-1.1285),and the price is slightly above the resistnace level.Unless the price breaks below this resistance level,we expect to see a further bullish momentum with the first target at 1.1390.
Trade Reccommendation:
We are buyers.
Origin: FreshForex
