EUR/USD forecast: pair has been trading within the upper and the lower trendline

news_22_feb_4_euro_usdWave Analysis:

This pair has been trading within the upper and the lower trendline for sometime now,during the previous trading days the price bounced off from the upper trendline towards the lower side in continuation of the impulsive wave cycle five.The price is currently on the lower,we expect a further bearish momentum towards 1.0855 or even much lower.

Trade Reccommendations:

We are sellers towards 1.0855.

We are sellers towards 1.0855.

Origin: FreshForex

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