That's the best wave count I can get for the euro.
If wave 3:3 is going to be at least as long as 3:1 we won't see any significant corrective move down, on a daily timeframe, until the area around 1.3440 is hit.

Oh, the anticipation, the excitement. It is there. So there, right here, right now. Now they decide. I love key spots, regardless.

Okay, watch here...

Same old, same old. Everyone should read this, not that it isn't obvious to us after all this time...

http://theautomaticearth.com/Finance/tim-geithner-the-king-of-cloud-cuckoo-land.html

Sentiment-wise, boy, we got lotsa bulls all right. Many markets smokin' at new all-time highs (Russell, MidCaps, Trannies, etc.), many at 5+ year highs. Huge retail inflows into the markets. Nothing but big upside targets from analysts. Trading blogs all talking about the next big upside targets. And the VIX... well, that's another monster low there. Recall the article I posted about the VIX. Everything is just peachy, right? Right?

another....

Wow, listening on Bloomberg to a discussion among bulls about where to from here. The consensus, pretty much, is that the economy is smokin', housing is beyond on fire, just knocking the cover off the ball, and for the next year and a half, at least, the place to be is equities, which have a ton of upside. That's what I'm hearing. Sounds good. Sounds right. I'm sure glad they fixed all that debt and the financial crisis with more debt, money printing, and stealing all our money...

Woo-hoo, we got a four point pullback. WOO-HOO!!! Now it heads up and does that 'throw over'? Oh, how I wish it could sell just a little... Just enough for a balanced market...

Okay, they are just shaking this up as much as they can. But the countertrend short play (likely very short-term) is still going...

That 75.25 is a very key area, so time to watch closely. This will say a lot in here.

in the context of knowing the odds of closing at an extreme on an opex friday you had to kind of expect a midday low and squirt up into the close....fib city at the low too