Wave Analysis:
This pair has been trading between the upper and the lower trendline,currently the price is at the upper trendline, I expect the price to continue to the lower side to complete the corrective wave 4 then proceeds upwards to complete impulsive wave 5 in accodance with the uptrend.Alternatively if the price breaks above the upper trendline from where it is currently,then that would be a good place to look for long term buy positions.
Trade Reccommendations:
Sell corrective wave 4,buy impulsive wave 5.
Origin: FreshForex
