FX:EURUSD Euro Fx/U.S. Dollar
The E wave of a triangle in EUR (blue abcde) has subdivided into another triangle (green abcde). These now seem completed or very near completion. We may see another round of even finder subdivisions before FOMC but once the triangle is completed we need to retrace the whole correction taking out 1.0470 and approach the standard measured thrust target for a triangle which in our case is 0.9896.