EURUSD Could Thrust to 1.4020 Before Reversing

A triangle may very well be complete from yesteday’s high as wave b of a small 2nd wave correction from 1.3747. A terminal thrust in wave c would complete the rally from 1.3747 and give way to a top and reversal (maybe even today). An area of interest is 1.4020 (Fibonacci confluence). This scenario is possible but there are alternates that allow for weakness below 1.3806 before a bounce. In other words, sell a spike to 1.4020 but be careful about attempting a long here (more speculative).