Wave summary:
We have seen a decline to 1.4654, which could be enough to hit the 1.4590 target. That said, we will have to allow for one more stab towards the downside and closer to the ideal 1.4590 target as long as resistance at 1.4823 is able to cap the upside. From 1.4590 or upon a break above 1.4823 more upside towards at least 1.5837 will be expected.
Trading recommendation:
We have placed EUR-buy orders at 1.4610 or upon a break above 1.4823.
