EUR/USD corrected to a low of 1.0482 just above our ideal target seen at 1.0472. Once EUR/USD finished its correction, we saw a very strong rally confirming that wave 4/ had been completed and wave 5/ towards 1.0927 now is in progress.
Support is now seen at 1.0636 and 1.0581 which we expected will act as a floor for the next rally towards 1.0927.
