Wave summary:
No change in view.
We are look for confirmation that the ongoing correction from 1.5235 is complete for the next impulsive rally higher towards into the 1.5837 - 1.5911 area.
As long as minor resistance at 1.5123 is able to cap the upside, we could still see a final spike just below support at 1.4960 before the correction completes and a new impulsive rally takes over.
Trading recommendation:
We will buy EUR at 1.4925 or upon a break above 1.5123.
The material has been provided by InstaForex Company - www.instaforex.com