Commentary: Ok, the EURUSD count has finally cleared up (we think) and we feel comfortable stating a directional bias for the first time in weeks. We can confidently say that the decline from 1.4281 is a correction (a-b-c) because the advance from 1.4015 is impulsive (5 waves).
What should prove to be wave 1 in a new bull cycle from 1.4015 is nearing an end and price is likely to fall, albeit correctively in wave 2, towards 1.4070/1.4090 before the next leg up.
Strategy: Look to establish bull position near 1.4070/90, against 1.4015, target above 1.4281