Commentary:? The EURUSD is not so clear right now.? We see evidence of both a bullish and bearish count.? The bullish count has an a-b-c correction ending at 1.4032, which means that the EURUSD should rally to a new high before reversing.? For now, the bullish count is favored but a drop below 1.4032 would make change the short term bias to a bearish one.
Strength above 1.4281 (if price reaches there) should prove marginal though.? We do expect at least a return to 1.3828 (former 4th wave) and possibly 1.3712 (61.8% of 1.3360-1.4281) over the next 3 to 4 weeks regardless of what happens in the next few days.
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Strategy:? Bullish now, against 1.4032, target 1.4281 (flip to short on drop below 1.4032)?