Higher?

EURUSD (Intraday)
Posted On: Jun 28 2007 5:45PM ET / Jun 28 2007 5:45PM GMT8
Last Price: 1.3446


























[Higher?]
Key Levels: 1.3416

The bullish case is still viable, but price needs to reverse now from above 1.3416 and get back on top of 1.3480 if a very bullish "third of third" wave rally is underway. A slip below 1.3416 would trigger the temporarily more bearish alternate count in gray that has a larger pullback toward 1.3373 underway before an important bottom is struck.

al yaqen
currencyoutlooks@elliottwave.net