For a detailed look at the EURUSD, please visit our Special Report, just published yesterday. The EURUSD has either topped at 1.5983 or will make one more high before rolling over into a large 4th wave that will last a few months and probably bring the pair back into the 1.40s.
The two scenarios are; 1.5983 completed a B wave (already topped), 1.5983 is wave iii within an ending diagonal. A drop in 5 waves from 1.5983 would confirm that the EURUSD has topped.
