EURUSD expectations are for a small 2nd wave to bring price back to 13640-13700 either today (Friday) or Monday. A rally presents an opportunity to short against the larger 4th wave high in anticipation of a break to a 2010 low.
EURUSD: Bears Regain Control Below 1.38 Figure
USDJPY: Prices Stall at Major Channel Top
GBPUSD: Stay Short Through Corrective Upswing
USDCAD: Sellers Break Support, Stall at Fib Level
AUDUSD: Positioning Hints Bearish Reversal Ahead
NZDUSD: Medium-Term Top in Place Below 0.72?
The 4th wave correction in the EURUSD may be complete. Expect a short term drop below 13640 before the pair finds support and heads back to 13720 or so in a small 2nd wave. We'll look to position short on that advance.




