Euro Still Bullish Above 1.3608

[B]Commentary:[/B] The EURUSD has declined but 1.3608 remains intact and the dominant pattern remains the 3 wave corrective decline from 1.3852-1.3608. The decline from 1.3727 has stopped in the vicinity of the 61.8% of 1.3608-1.3727 (1.3654).

A break above 1.3727 exposes the 100% of 1.3608-1.3727/1.3637 at 1.3755. If 1.3608 gives way, then the bullish structure is no longer intact.

[B]Strategy:[/B] Remain bullish, against 1.3608, targets 1.3755 and 1.3850