Eur/Usd : Uptrend to resume

٢٠ سبتمبر ٢٠١٥

The EW count I have been posting the last couple of days/weeks assumes that wave X (circle) is already complete, this is the most bullish possibility. The alternative is that wave X (circle) finishes further in price and/or time. Back to the main count, price looks like it will continue the uptrend after the decline from the fed news event. The decline is corrective and touched the 50% fibonacci decline from the 1.1086 - 1.1460 rally.