As expected the euro had something of a rally (nearly 100 pips), which is in line with the middle phase of our main count.
NOTE- EUR/USD is expected to move toward the downside to reach between 1.2091 and 1.2020, while it remains above 1.1961.
Hourly Main Count
– Invalidation Point: 1.1961
– Confirmation Point: 1.2165
– Downward Target: 1.2091 – 1.2020