Wave summary:
We continue to look for a minor correction closer to the 123.59 - 123.92 support-zone before the next impulsive rally higher towards 134.30 and 138.52 sets in. Short term, a break below minor support seen at 125.01 will confirm the expected minor correction is developing.
R3: 127.30
R2: 125.82
R1: 125.57
Pivot: 125.01
S1: 124.51
S2: 123.92
S3: 123.52
Trading recommendation:
We are looking to re-buy EUR at 124.10.
