Wave Analysis:
Previously this pair was on a downtrend, the current upward momentum is a correction of the previous impulsive wave count five.During the previous trading hours,the price tried breaking above the resistance zone (115.76-115.71) but it ended up closing below it.We expect a futher bearish momentum towards 114.60 or even much higher.
Trade Reccommendations:
We are sellers towards 114.60.
