EUR/USD forecast: Euro is currently trading in an expanding wedge formation

a-3Wave Analysis:

The Euro is currently trading in an expanding wedge formation,the price bounced off from the impulsive wave cycle three at the lower trendline towards the upper side at the corrective wave cycle four.As at now,the price is rebounding to the lower side and I expect it to continue upto the lower trendline towards 1.0655 or even much lower. If you are looking at this pair now,we are sellers from 1.0824 towards 1.0655.

Trade Reccommendations:

We are sellers.

Origin: FreshForex

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