EURUSD Channel with targets of 5th wave

FX:EURUSD   Euro / U.S. Dollar
78 0 2
Looking for the pull back in the pair to continue around 1.1040 which would be the 50% of the previous leg up. Looking for target of 1.1503. Of course price can do what it likes but that is my plan which would go with the dollar longs being pushed out by a delayed Fed and continued Euro             shorts being undone.
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