Wave 5 of 5 seems to be complete. This is however a very dangerous place to pick a bottom. There is a lot of momentum to the downside, so I'm waiting for signs of a reversal. A sign of reversal could be in the making in the form of a hammer candlestick if price closes the day around the current level (or higher). Also, there appears to be a sentiment extreme for the euro. The news, analysts, etc are declaring the euro dead. This is another sign of the euro being near a bottom.
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