Wave Analysis:
This pair has been on a downward trend, currently the price has been rallying in between the upper trendline and the lower trendline in a corrective wave. If the price breaks above the upper trendline I expect it to go long up to 1.1520,but if the price breaks below the lower trendline I expect it to continue short.
Trade recommendation:
We are on the sideline waiting for a clear signal.
Origin: FreshForex
