We might have just completed a wave 3 down into a pair of solid Fib support levels. First, we have the .786 retracement of the 1.5282-1.5903 move at 1.5415. Then, we have the 2.0 projection of waves 1 and 2 off the top falling in at 1.5395. We should begrudgingly move higher in wave 4 towards either 1.5500 or 1.5566.
I had a nice morning this morning with this inter-market relationship of Gold and EURUSD into wave 3 support. I scalped EURUSD from the 1.5400 level a few times while gold held support and am currently long the balance of a position for a push into 1.5500. Back tonight if an update to the EURUSD position is required. (forex.com)