Wave Analysis:
The Euro is currently on a corrective wave cycle four,we expect the price to rebound to the upper side towards 1.1175 in continuation of the impulsive wave cycle five.However, if the price breaks below the lower trendline clearly, we expect to continue to the lower side with our first ideal target at 1.0905.But as of now we are buyers.
Trade Reccommendations:
We are buyers towards 1.1175.
Origin: FreshForex
