The upward trending support that I have been watching on the EUR/USD broke last night and the move from the top can be labeled as an impulse. I am going to take a short on a pullback to 1.2345, which could be a second 2 of a 1-2, 1-2. Stops will be kept tight at 1.2395. If the 1.24 level breaks however it is likely we will be moving higher still. There isn't too much else to report as market patterns haven't been very clear over the last week so I haven't been trading. Good luck.