Not really anything new to say here. We need a break above resistance at 1.7355 to confirm that red wave ii has completed and red wave iii to above 1.7484 is developing. The next important upside targets to look for is seen at 1.7924 and 1.8369.
Support is seen at 1.7247 and 1.7220.
R3: 1.7484
R2: 1.7417
R1: 1.7365
Pivot: 1.7299
S1: 1.7270
S2: 1.7243
S3: 1.7220
Trading recommendation:
We are long EUR from 1.7245 with our stop placed at 1.7215.
