Wave Analysis
Yesterday, the US Dollar pulled back to the upperside but is yet to clearly close above the upper trendline. As it is right now, we are waiting for a break above the upper trendline to pick a possible buy position towards 115.89 and may extend much higher. On this chart, I recommend we keep looking for a possible long term buy position towards the level mentioned above. Otherwise, if the price breaks below the previous day’s lowest low, then we may consider a possible sell.
Trade Recommendations:
Wait
Origin: FreshForex
