Wave summary:
We continue to look for more upside pressure towards 1.5765 and only a break above here will confirm and call for upside acceleration towards 1.6396 and higher to 1.6931 as the next upside targets.
Short-term, support is seen at 1.5240 and will ideally act as a floor for the rally to and break above important resistance at 1.5765.
Trading recommendation:
We are long EUR from 1.5285 with stop placed at 1.5170. If you are not long EUR yet, then buy a break above 1.5375 and place your stop at 1.5215.
