Euro Technical Outlook

The EURUSD has broken to multi-day lows but the larger bullish bias is valid as long as price is above 1.5283.

The decline from 1.5817 is labeled as a W-X-Y (complex) correction. The minimum bullish objective is one pip above 1.5817. Even if a larger more complex correction is unfolding from 1.6018 (such as a flat or a triangle), price is still expected to exceed 1.5817.
STRATEGY: Bullish, against 1.5283, target above 1.5817