Wave analysis:
This pair rallied to the lower side yesterday, the price is around the impulsive wave cycle three, I still expect a bullish momentum towards 1.0585 in continuation of the corrective wave cycle four, then a bounce back to the lower trendline in continuation of the impulsive wave cycle five. If you are looking at this pair right now,pick a buy from 1.0419 towards 1.0585.Unless the price breaks below the lower trendline we are buyers.
Trade Recommendations:
We are long.
Origin: FreshForex
