Euro 5 Waves Complete at 1.4130?

Commentary: The rally from 1.3360 appears to be in 5 waves and may very well be complete or close to complete. A correction of this rally is expected to unfold soon and bring price back to at least 1.3828.

However, from a trading perspective, there is no reason to fade this move until we see a clear decline in 5 waves followed by a corrective setback.

Strategy: Flat