The pair EUR_USD couldn’t be bothered with the hassle of forming quite complicated 4th wave and took its course on to C-wave into the 5th of ascending trend. Anyhow, as for the current moment the overall picture looks exactly this way. A picture on the graphic demonstrates situation possible development with the little correction. At the same time this UP-trend first possible targets remains in the limits from 1.4450 till 1.4540.

Analysis prepared by:

Maxim Dmitrievsky
Forex4you analyst