EURUSD is ticking higher at the start of the US session, now ideally into wave five, which is final leg of a potential ending diagonal within uptrend. Ending diagonal can indicate a very powerful reversal, but only when completed, so looking for a EURUSD top now can be too soon. We do not want to call something untill this is confirmed by a market price and reaction. In other words, we need a strong reversal down from around 1.3000-1.3100 area before we may start looking for evidences of lower euro.
