As mentioned in the last Video Analysis of EUR/USD, I am expecting this pair to make a 3 Wave move down into the 50-76.4% Retracement Zone. This has happened now. This current Level will now get interesting as a potential up swing area, we need to watch carefully the price action if we should be seeing another swing to the upside developing the possibility that we have found a major low increases. Please keep in mind that there will be the ECB Meeting tomorrow afternoon (Thursday) which will bring a lot of volatility in this pair. Also incase we are not seeing a pull up developing in this area chances increase that we have not found a major low prior.