Elliott waves analysis – Look for a possible a sell position below 1.1459 towards 1.0521,


Sell Euro now, and have your take profit at 1.0542.

Wave Analysis

Nothing much happening on this pair. We expect a possible steep decline towards 1.1200 but we’re hardly seeing any clear move to the lowerside. If you’re on this chart at the moment, the ideal is to wait for a possible correction to the upperside to resell the last impulsive wave v to the lowerside with an ideal target at 1.0521. According to the chart attached, only sell positions looks more ideal and can be recommended with the first target at 1.0990 and the next ideal target at 1.0521. Only a break out above 1.1459 will attract a possible buy towards 1.2690.

Trade Recommendations:

Look for a possible a sel position below 1.1459 towards 1.0521,


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