EURUSD

The overall stance is the same for the Euro as for the U.S. dollar, flipped over. The Euro, too,  continued to rise, that started at the 1.08040 low on July 20.

The outlook remains bullish against 1.08040, through the determinate target at 1.18135, in anticipation of the countertrend rally as Minor wave Y underway.

Note : Based upon this bullish alternate count in short term, the Euro is tracing out a “Double Zigzag” as entire correction in Intermediate wave (B).

EURUSD - Daily

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