Wave Analysis;
During the previous trading hours,the Euro rallied around the upper trendline for quite some time,as of now the price is in corrective wave count four we expect a further momentum to the lower side around 1.0715 in continuation of the impulsive wave cycle five. However,should the price break above the upper trendline clearly, we expect to continue long with our ideal target at 1.1230.
Trade Reccommendations:
We are sellers.
