EURUSD wave 4 pullback continues
We are looking at a wave 4 pullback in this 5 wave decline. We should see prices get to 11800 and possibly 12000 before we roll over and make our 5th wave.
The dollar index support sits at 9241 so we will be setting up shorts on the EURUSD if the dollar gets here.
Update 5.30pm – EURUSD has a nice pop higher from 11660 to 11720.