The euro made another upward push, but not enough to tip the scale in favour of either hourly count.
NOTE By moving below 1.2223, EUR/USD is expected to move toward the downside to reach between 1.2180 and 1.2091, while it remains above 1.1961 and ideally below 1.2323. But by moving above 1.2366, EUR/USD is more likely to move toward the upside to reach between 1.2426 and 1.2474, while it remains above 1.2223 and ideally above 1.2258.
Hourly Main Count
– Invalidation Point: 1.2323 – 1.1961
– Confirmation Point: 1.2223
– Downward Target: 1.2180 – 1.2091