EUR/USD forecast: pair bounced off from the upper trendline

news_22_feb_2_euro_usdWave Analysis:

Previously this pair bounced off from the upper trendline and the price is heaaded to the lower trendline.From where the price is at now, we expect a further momentum to the lower side towards 1.0985 or even much lower in continuation of the impulsive wave count five.If you are looking at this pair right now pick short term sell positions from 1.1098 with your first ideal target at 1.0985.

Trade Reccommendations;

We are sellers.

We are sellers.

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