For a more detailed look at the EURUSD, please visit our Special Report, published last Thursday. The EURUSD has either topped at 1.5983 or will make one more high before rolling over into a large 4th wave that will last a few months and probably bring the pair back into the 1.40s.
The two scenarios are; 1.5983 completed a B wave (already topped), 1.5983 is wave iii within an ending diagonal. If a top is in place at 1.5983, then the EURUSD needs to remain below 1.5956.