1.3966 level is key. If broken to upside there will be potential for more upside. The Elliott Wave patterns that emerge will give us clues. Happy trading.
EUR$ move from 1.3872 up appears impulsive. It shld therefore end soon before a move down.
Chart update.
EUR$ shld drop to about 1.3833 to complete wave (D) of the triangle, then bounce up.
The chart has required updating. Wave [2] now takes the form of a combination with a triangle forming lately. Bearish potential still remains
EUR$ shld be in wave 3 now. More lows expected.
The leading diagonal should be over.
EUR$ appears to be forming a leading diagonal from the 1.3889 top
EURUSD should fall in third wave. 1.3905 level is key. If broken to upside the a different count is in operation.