Elliott waves analysis – Wait


Wave Analysis:

Just as in GBPUSD, EURUSD continues to correct itself to the upperside but should not go beyond the upper MA. As i mentioned previously, on this chart, sell positions looks ideal and can safely be recommended with an ideal target set around 0.89 and may likely head much lower. On this chart, I am looking forward for a possible rebound from the upper trendline to pick a possible long term sell position.

Trade Recommendations:


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