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EURUSD is slow, choppy and sideways for the last few trading days which we believe represents a corrective price action within a larger uptrend.

We are talking about wave 4 which still could retrace deeper if we consider wave four support of one lesser degree is at 1.3176.

After a completion of that black wave 4, traders must be aware of another push higher, into wave 5 of C that may complete rally somewhere between 1.3400-1.3500 region.

EURUSD Technical Elliott Wave Analysis June 17 2013