Looks like middle section now. It will end how it began today. $EURUSD $DXY $GLD $USDJPY
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Bigger picture
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The lower orange/yellow horizontal pivot line is the Month CAM S4 pivot... the lesser known trade is once that is struck and a retracement begins, the level 3 pivot is the target, so in this case the Month S3 pivot shown @ 1.3320. This is a major market turning point so I see no reason why we don't continue on to the 2017 close of 1.3500, shown in the attached post above.
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Sorry Month R3. We made it back to Month S3 this morning :)
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Already in GU from an earlier idea but I will add to EU and GU long here with this 21-hour donchian channel pullback of DXY. Gray channel.
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Good GU add there, back to recent highs for this wave.
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The PMI data this morning for EUR gave this a boost.
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1.324 will by my first profit taking point back at the month pivot.
