EUR/USD may be ready to resume upward move in a large wave C

A potential technical entry point.

Comment:

With a hard pull back at the trend-line it may be wise to take the current profit and re-enter the trade if there is a clear break.

Trade active:

This morning the Euro finally broke one of the trendline barriers. It should continue higher but is not yet really constructive looking. The nest barrier is the downward sloping long term trend line current around 1.1010. If it breaks that.... off it goes!