EUR/USD forecast: Euro rallied from the lower trendline

forex_news_11Wave Analysis:

During the previous trading days,the Euro rallied from the lower trendline at the impulsive wave cycle five towards the upper side,the price rallied along the upper tredline before breaking above it. As of now the price is above the upper trendline, if you are looking at this pair right now, wait for the price to retrace back at the upper trendline around 1.0985 the pick long term buy positions with the first ideal target at 1.1120.

Trade Reccommendations:

Wait.

Wait.

Origin: FreshForex

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