Wave Analysis
We’re looking at a possible long term buy towards 117.978. The anticipated bullish price rally is the continuation of the larger impulsive wave [c] and should first break above 114.192 to the target mentioned above. And on the flip side, should price break below 110.836, then this will be an ideal place to look for a long term sell towards 108.471. As it is, on the weekly chart, we recommend looking for buy orders at the least risk possible with your first target at 114.191, and the next at 117.928.
Trade Recommendations:
Rebuy the US Dollar from 110.839.
Origin: FreshForex
