Euro Ready to Rocket Higher

[B]Commentary[/B]: The push through 1.3437 signals that wave iii, of a 5 wave rally that began at 1.3261, is underway.

An objective is 1.3656, the 161.8% extension of 1.3261-1.3437/1.3371. The decline from 1.3478-1.3414 is viewed as the 2nd wave correction of the smaller 5 wave advance from 1.3371-1.3478 (which is wave i of 3).

[B]Strategy[/B]: Bullish, against 1.3371, targeting 1.3656