Wave summary:
We continue to look for a break above minor resistance at 131.12 confirming renewed upside strength towards the ideal target seen at 133.46. Only an unexpected break below support at 129.83 will confirm that a top already has been seen, with the test of 131.40.
R3: 132.25
R2: 131.40
R1: 131.12
Pivot: 130.50
S1: 130.40
S2: 130.21
S3: 129.83
Trading recommendation:
We are long EUR from 130.55 with stop+revers placed at 129.75. Take-profit is placed at 133.20.
