Wave Analysis
Euro continues to pullback to the upperside perfectly as previously expected, and is still above 1.12471. The line 1.12471 is a good buy place and as long as the price remains above it we expect nothing but a possible momentum to the upperside, The anticipated bullish price rally is the continuation of the impulsive wave (c) to the upperside, and should break above towards 1.22033. This view will only be invalidated in case the price breaks below 1.12471, if this is the case, then a declines towards 1.07330 is expected.
Trade Recommendations:
We’re long
Origin: FreshForex
