Well, it went up...and how!
My short term was obviously a little off, because the price was unable to reach the low which implies that we were in a wave 2, but longterm was right, and still is because we can expect more upside.
I am expecting a retrace into the shaded area, 50% or 61.8% fibonacci retrace, to complete a wave iv and more euro gain in the form of a wave v.
We are in a wave 3 of 3 and should be testing 1.30 by next week.
If the price in this setup drops below the stopline of 1.2650, this count is invalid.
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