Repeating last night’s commentary “the beginning of a larger move is usually ugly and unclear. Such is the case here with the EURUSD. Still, wave rules have not been broken in the count presented above and there is no change to the bullish outlook - I am treating the advance from 1.3257 as a series of 1st and 2nd waves.
This count is valid as long as price is above 1.3485. The EURUSD has bounced from 1.3546; the 78.6% of 1.3485-1.3773. There is a Fibonacci confluence near 1.42, which is a potential target about a week out. Euro traders may wish to take a look at Euro crosses for long term trades.