The EURUSD is expected to exceed 1.6018 and continue on to all-time highs in the next few weeks.
We can eliminate the triangle count since the EURUSD exceeded 1.5843. This leaves us with 2 counts going forward. The preferred count treats the advance from 1.5283 as a series of 1st and 2nd waves (1 and 2 of V). The rally from 1.5303 is wav i of 3. While wave i of 3 may extend a bit more, expect a wave ii drop to begin soon and bring price back below 1.5720.
STRATEGY: Bullish, against 1.5303 (short term traders should be bearish against 1.5837), target is above 1.6018
