Elliott waves analysis – We’re sellers towards 1.3266

EURUSD – Up

We're sellers towards 1.3266

Wave Analysis:

During the previous trading day, We saw further rally to the lowerside as the price broke and closed below the previous day’s lowest low with just a few points. As it is right now, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of both the impulsive waves 5 and (5) to the lowerside and may see the price break below the previous day’s lowest low.

Trade Recommendations:

We’re sellers towards 1.3266

You may check other analytical reviews on FreshForex website. Source: freshforex.com.