Wave summary:
We continue to look for a break above minor resistance at 1.5092 as the next strong indication that the ending diagonal is finished and a return to the origin of the ending diagonal at 1.5837 is unfolding.
In the short term, we expect minor support at 1.4895 will be able to protect the downside for the test and likely break above 1.5092.
Trading recommendation:
We are long EUR from 1.4830 and we will move our stop to break-even. If you are not long EUR yet, then buy near 1.4895 or upon a break above 1.5092 and use the same stop.
The material has been provided by InstaForex Company - www.instaforex.com