EURUSD - BUY IDEA

The EUR/USD 15-minute chart suggests a potential long setup. The price appears to have completed wave (2) and is currently in wave (3) with a possible correction towards the Fibonacci retracement levels of 0.493 at 1.10609 and 0.618 at 1.10567. The target for wave (5) could reach the 1.618 extension level at 1.10848.

This indicates a bullish outlook for EUR/USD in the short term. Traders might consider entering long positions if the price finds support around the Fibonacci retracement levels, with the target set near the 1.10848 level.