5 Jun 2020 ● 07:31 AM
The next major swing high is at 1.149 for the Euro and we cannot even say that wave iii is complete. Any pullback will be for a few days in wave iv when it happens and the wave v of 1 up should make higher highs. This is the first wave in a new Euro bull market. If you are in the "End of the Euro" camp that was a 10 year old story when Greece was about to default. That is not the case anymore. Debts re being inflated by asset purchases and Europe announced one more overnight plan to stay the course.