[B]Commentary[/B]: We wrote yesterday that “a potential terminus for the decline is where wave C = wave A at 1.4309. “ The low yesterday was at 1.4310 and the EURUSD has rallied through 1.4410 so far. We posted an update advocating a long in the Elliott Wave forum yesterday afternoon, noticing that a 3 wave decline had followed a 5 wave advance on a short term chart. The advance has continued and at least a push through 1.4410 is expected to complete at least a C wave although there is more bullish potential.
[B]Strategy[/B]: Bullish against 1.4309, target TBD