Elliott waves analysis – We’re buyers towards 1.07.

EURUSD – Up

Wave Analysis

During the previous trading day, euro pulled back to the upperside and is currently trading with a bullish bias momentum. On this chart, we expect nothing a possible momentum to the upperside, the anticipated bullish price rally is the continuation of the last impulsive wave (c) and will see the price rally towards 1.05 and may likely break upwards.

Trade Recommendations:

We’re buyers towards 1.07.

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