Wave Analysis:
Previously the price bounced off from the upper trendline to the lower side in continuation of the impulsive wave cycle three.The price has currently started ralling to the upper side and we expect it to continue up to around 1.1300 in continuation of the corrective wave cycle four, then bounce back to the lower side.If you are looking at this pair right now, pick short term buy position from 1.1036 towards 1.1300.
Trade Reccommendations;
We are short term buyers towards 1.1300.
Origin: FreshForex
