EUR/USD is correcting in wave 2 and should ideally see a dip into the support-area between 1.1602 - 1.1696 for where a new impulsive rally in wave 3 is expected towards at least 1.2852 and more likely wave 3 will extend closer to resistance in the 1.4221 - 1.4397 area and set the stage for a new correction in wave 4.
For now the expected correction in wave 2 closer to the support-area between 1.1602 - 1.1696 should be in focus.
Trading recommendation:
Buy EUR in the support-zone between 1.1602 - 1.1696 for the next impulsive rally higher in wave 3
