There is no change to my outlook for additional EURUSD weakness over the next several weeks. However, there is a change to the extent of the weakness. A new low would potentially complete 5 waves down from 13822, which in turn would complete 5 waves down from 15150. There is a cluster of Fibonacci objectives in the mid 12300s, which is also near the 2008 low (12327). Move risk to 12750. A move above there would suggest that a triangle is unfolding and resistance would then be 12900.
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