Wave Analysis
The previous week’s candle opened at 1.22402 went as low as 1.21651 and as high as, 1.24861 but ended up closing at, 1.24616 just a few pips above the high of the previous week’s candle. The Previous week ending 10th of March is a perfect Bullish engulfing candle, We are waiting for a clear breakout above the previous week’s highest high with an ultimate target around 1.32981. Sustained move above the previous week’s highest high will be a good confirmation that we are buyers.
Trade Recommendations:
Buy a sustained move above the previous week’s highest high with an ideal target around 1.32981.
Origin: FreshForex
