EURUSD bullish scenario completed
Nevertheless I have some doubts about if the price @ EU goes to make another short term peak or has it already started to decline, I should admit my scenario on upside wave 3 has completed. I hope you followed the right direction and made a good bundle of pips!
By now the situation on EURUSD reminds me the one @ the cable, as the price action formed on both pairs similar patterns with 3 waves heading to the upside. By now we can’t tell for sure if the pairs retrace and then show us another maximum levels, or start to decline with a target for new lows.
To my mind, though, the pairs didn’t complete their targets at higher timeframes, so we can wait for some more upside moves. How soon does it come is an open question.
