Last chance for my count as I had been expecting one more wave to the bottom: anything above the mentioned line means wave Y was wave B bottom and correction is over ( not much of impulsive action apparently, leading diagonal rather) - new high is on the way as wave C will progress.
Seb
Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurusd-h1-update_22.html
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