FX Wave Counts
The Euro may well be in a slightly different inverse count but at the moment appears to have potential for intermediate term weakness.
click to enlargeNote the neg. RSI divergence and near c=a relationship (actually c=.92 of a) .
The interesting thing of course is the consistent climb up the trendlines, and the subsequent decline upon being
broken evidenced in the prior leg. Wonder if that will be repeated?
Shorter term the move off the highs looks a little overdone and a retest of that trendline as well as the tops would be completely expected.