FX_IDC:EURUSD   EURO / US DOLLAR
55 0 0
EURO             Rally travelled 800 pips : 1.07 So far in the name of Wave ( III             ) from Wave (II) : 1.15 which is about 161.8 % projections of Wave (I).
Here This is the time to be neutral and careful , not aggressive.
Still Question is that wave ( III             ) ends here at 161.8% projections near 1.07 ? Or we still have to take it more down to our ideal target of 200% projections which is around near 1.0490 ?
Now our Invalidations are at near 1.1084 and If it crossed Our bearish plans again Will change into Bullish
Now I am not sure we complete this wave ( III             ) and going higher towards A-B-C wave (IV) under 1.1080 or near 1.100
Our Conclusions and next plans will be Careful :
(1) If We see the Break 1.0675 clearly then we will prefer to go down to 1.0490 for placing our wave ( III             ) Ideally.
(2) If We see first invalidations : 1.0834 and specially the mentioned upside breakout 1.090 then we will prefer wave ( III             ) been placed at 1.0670 and we unfolding wave (IV) higher to 1.100 but under 1.1080.
Trading Recommendations :
Stay Very much Neutral Now and play 1.0670 breakdown as bearish for target 1.0500 and 1.0900 Breakout as Bullish for target 1.100<1.1080

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