Euro Analysis

After analyzing the Euro this morning I hope most of you made some profit yesterday.
I would suggest locking in your profit or at least break even otherwise use the spreadsheet to scale out. The reason I mention about profit this morning is looking at the shorter term elliott waves, I have noticed there maybe a possibility of another bounce up prior to a move down. This can be worked out by using 60 minute and 15 minute charts. Unfortunately, where I am at present has a slow internet connection and data transfer is nearly at a halt so trying to upload a chart is just causing the connection to hang.
If we do bounce up then we might see the price reach or go above 12906. If and when this high ends then we can look at shorts again.
So for those of you that may well have started shorting, I would consider profit taking or some kind of management so the profit does not disappear.
If we deal above 12865 then 12893-12906 may follow.

Good luck and have a good weekend.