EURUSD – Up
Wave Analysis:
Instead of rallying to the upperside as previously forecasted, euro rallied intensely to the lower side but is still above the weekly supportive zone 1.15945-1.14595. As long as our stop is not taken out below 1.14595, we expect a possible rally to the upperside. If you’re not already in a long position, you can still look for long positions within the zone stated above. However, should the price break below 1.14595, then we expect the impulsive wave (c) to stretch further to the lowerside with the nest ideal target at 1.04745.
Trade Recommendations:
Waiting to rebuy euro
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You may check other analytical reviews on FreshForex website. Source: freshforex.com.