In spite of today’s Euro growth, the wave C in supposed B looks as unfinished. In it structure yet can be well seen 3 formed waves. And because of this - as we already spoke of; C on final section must finish acquisition of her 5th-wave structure. Till which of correction levels a price can descend will become known of in close futility. In any case there are two targets that can be seen – near the level 1.4170 and farther till 1.4120, and thereafter a finishing stage of price growth can follow on a pair EUR_USD.

Analysis prepared by:

Maxim Dmitrievsky
Forex4you analyst