As of last EURUSD posting, i have mentioned that EURUSD had hit a temp bottom at 1.2665 which coincide with the 2.618 (of 1.3022 - 1.2886, Wave 4 up in this case). As such, wedge was broke out as mentioned. And as of last friday's trading , a higher low was formed. This might propel the pair to a high of 1.2888 (0.618 of 1.3023-1.2665) ,but of coz a few hurdle needs to be cleared before reaching this target.
But of coz this is a wave B up, eventual target i am looking at is between 1.29 -1.2958 (0.5 - 0.618 of this five wave down shown).
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