Wave Analysis:
This pair is on a downtrend,during the previous trading days the price rallied to the lower side in a move to correct the previous impulsive wave count three.The price is currently on the lower trendline I expect a rebound to the upper side towards 1.3975 or even much higher in continuation of the impulsive wave cycle five.If you are looking at this pair right now pick buy positions from 1.3343 with an ideal target at 1.3975.
Trade Reccommendations:
We are buyers from 1.3343 towards 1.3975.
