10 March 2020, EUR/USD
Wave Analysis
Euro continues to correct itself to the lower side despite the previous forecast that this pair could continue to the upper side, we expect the current bearish price rally to be the continuation of a corrective wave count and could see price break below 1.11710 but should not go beyond 1.10870. If the price breaks and closes below 1.10870, then this will mean sellers are in control that the price could plunge much lower towards 1.07790. As it is now, I recommend we remain on the sidelines.
Trade Recommendations:
Flat
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