Wave Analysis:
During the previous forecast,we anticipated a bullish momentum towards the resistance level,as of now the price is at the resistance level in continuation of the impulsive wave cycle five.Unless the price breaks claerly above the resistance level then we will be looking for buy positions.But, as long as the price remains below the resistance level we expect to continue short with our first ideal target at 114.75.
Trade Recccommendations:
We are short towards 114.75.
Origin: FreshForex
