Wave Analysis:
This pair bounced off from the lower trendline and its ralling to the upper side,I expect it to continue upto the upper trendline. Should the price breaks above the upper trendline clearly then 1.1175 would be a good place to pick long term buy positions from.Alternatively, should the price remain below the upper trendline, I expect a rebound back to the lower side towards the lower trendline and that would be a good place to look for sell positions.As of now pick short term buys from 1.1109 towards 1.1175.
Trade Reccommendations:
We are buyers.
Origin: FreshForex
