EURUSD on a Slow Rising Monday

So far EURUSD has tracked with the model presented this weekend as seen with price overlaid here:

20160516 EURUSD on a slow rising Monday

If price continues along, Tuesday and Wednesday will close near new highs with Thursday and Friday being a bit more flat, but also possibly making new highs, before settling off of the weekly high.

Will price return to early May highs?  We’ll watch and see.

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