The EURUSD story still looking constructive for bulls as prices remain above 1.1432 levels. Please note that a zigzag corrective drop looks to be complete at 1.1450 levels, and EURUSD is seen to be trading around 1.1464/65 levels at this point in writing. Looking into the short term wave counts, EURUSD Wave C might be underway already and furthermore waves i and ii looks to be complete at 1.1620 and 1.1450 levels respectively. Immediate price resistance is seen at 1.1527 levels and a push through that would confirm that a meaningful bottom is in place at 1.1450 levels. Overall bullish structure prevails until prices stay above 1.1432 levels going forward.
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