Wave summary:
There is absolutely nothing new to add here. The range-trading in the 1.5577-1.5899 area is continuing. We still expect a break above 1.5780 and more importantly a break above 1.5899 to be seen for a continuation higher towards 1.6236 and above.
Trading recommendation:
We are long EUR from 1.5510 with stop placed at 1.5410. If you are not long EUR yet, then buy a break above 1.5780 and use the same stop.
The material has been provided by InstaForex Company - www.instaforex.com
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