Elliott waves analysis – Wait for a possible sell around the upper trendline.

EURUSD – Up Wave Analysis Euro is currently trading around 1.14322. The surge which was witnessed yesterday is the continuation of a correction to the upper side but should not go beyond the upper trendline, if you’re looking forward to trading this pair, wait for a possible long term sell order around the upper trendline. The anticipated sell order is the continuation of the impulsive wave (c) to the lower side and should break below 1.119 towards 1.05250 or even lower. As it is, only sell positions looks more ideal and can be recommended. Trade Recommendations: Wait for a possible sell around the upper trendline. BECOME FRESHFOREX ANALYST!
You may check other analytical reviews on FreshForex website. Source: freshforex.com.
https://freshforex.com/analitics/fresh-forecast/forex-correlation-and-Elliott-wave-analysis/issue_143008.html?utm_source=rssfeed&utm_medium=rss&utm_campaign=rssnews&ff_mrk=rss&aff=64063