jdemunter
Long

Eur/Usd : No impulsive wave C?

FX:EURUSD   Euro / U.S. Dollar
While the previous count suggesting a wave 3 break of the red trend line where price would be in a 1-2-i-ii now is still possible, a double three (wxy) seems more probable now. The idea is the same, the trend is up, it will just take a little longer since price is looking for a wave x, a deeper correction than what we would see in an impulsive rally. When this wave x is finished look for price to rally to at least the high of wave (w) around 1.1128.
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