EURUSD is slow, choppy and sideways for the
last few trading days which we believe it represents a corrective price action
within a larger uptrend. We are talking about wave 4 which still could retrace
deeper if we consider wave four support of one lesser degree is at 1.3176.
After a completion of that black wave 4 traders must be aware of another push
higher, into wave 5 of C that may complete rally somewhere between
1.3400-1.3500 region.
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