[B]Commentary:[/B] The bullish EURUSD scenario is playing out as expected. We wrote yesterday that "we see potential for a third of a third wave to unfold towards the 161.8% extension of 1.3370-1.3546/1.3450 at 1.3734. Keep risk tight though once price reaches 1.3626, which is the 100% extension.
A top and reversal there would indicate that a larger bearish cycle is likely underway from the top at 1.3852 (the alternate count is shown in black)." Near term support is at 1.3534.
[B]Strategy:[/B] Remain bullish, against 1.3450, targets 1.3620 and 1.3730 (move to breakeven after 1.3620 is hit)