We have just seen a very good retest of the breakout support. If this hold the potential upside would be around 6% over the next 4 to 8 weeks. If my count is correct it should not go below 1.45991 as wave 4 can not break into wave 1 price territory. If it breaks the breakout support line as well as 1.45991 I will close the trade. The Euro's strong bullish sentiment could change over the next few weeks so something to be aware of.
Could be a really nice ride up if it plays out. I will keep a close eye on this one and update my plan weekly.
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Eddied01
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It took a bit longer than expected but target reach.
Time to look at shorting it now
Time to look at shorting it now