Buy the US Dollar upon a rebound from 105.38 | 30 Maret 2018

Wave Analysis:

After a false break below 105.38, The US Dollar has recovered 100% the value it lost below 105.28. As long as the price remains above 105.38, we expect a possible bullish momentum, with our target at 107.65, The anticipated bullish price rally will be the unfolding of a corrective three wave cycle and may not go beyond the 4 hour resistance 107.65. If this target is broken, then I will expect further bullish price rally and may break above 111.11. According to the 4 hour chart attached, it's good remain flat and only buy this pair upon a rebound from 105.38.

Trade Recommendations:

Buy the US Dollar upon a rebound from 105.38