EURUSD Cyclic Phasing

Matters seem to have followed my pathway for sometime now and I can see nothing to detract at this stage. I believe we are in green 'b' of red 'c' on the way up to complete gold 'B' of the whole correction from the 2008 high. I think the 1st 80 week cycle went long and therefore this 80 week cycle may go short or the next; we shall see. The weekly momentum cluster suggests that green 'b is not complete and therefore any rise now, is in fact 'b' of green 'b'.

The 100 day cycles in this 2nd 80 week cycle seem to have been running very neatly. The 75 day low occurred pretty much as expected but the 100 day low is still to come and that is not due until the 22nd August.  I had discussed last week that if the 75 day low was in fact 'the' low, then the 100 day would still likely retest it closely; so for me, that is the low to buy and not this one just gone - the high to come is likely to be the one to short. We shall see.