Wave summary:
There really is not anything new to add here.
We remain lock in a very narrow range between 112.28 and 114.03. We slightly favor a break towards the upside for a rally to 118.70 and 122.00 as the next upside targets. Only time will tell, what way we are going to break.
Trading recommendation:
We will only buy a break above 114.03 with stop placed at 112.20.
