EURUSD completed fives downside according to updated count of Last Friday. My EURUSD forecast for 13 February 2017 is neutral. My Elliott wave count suggests that this up move is corrective. I am looking for the completion of 3 corrective waves or any corrective structure. I am looking to sell EURUSd around the resistance area of 1.0690-1.0729. My medium target is 1.0520. Intermediate trend is down. Looking for the bearish reversals near important resistances.
Do not buy. Instead, short it near important resistance levels and always follow the trading rules.