Elliott waves analysis – We’re on the sidelines

We continue to see sustainance below 1.06878. While the price does not break and close above 1.06878, we are waiting for a rebound from it to pick a sell position, or a rrebound from 1.05937 to pick a buy, if the price breaks and closes below 1.05937, we will be looking for sell positions, and if the price breaks above 1.06878, then we will be looking for buy positions towards 1.0750.

Trade Recommendations:

We’re on the sidelines