During the previous week, euro rallied to the upperside but could not break above 1.07655, As long as the price does not break and close above 1.07655, we are waiting for a rebound from this level to pick a low risk sell position towards 1.06295. If this level is broken, then further momentum to the lowerside is expected towards the lower trendline. If this trendline is broken, then we will be waiting for a rebound 1.04541, if this level is also broken, then we may see a rally much lower.
Trade Recommendations:
We’re waiting for a buy from 1.06295
Origin: FreshForex
