A lot of EU bulls think this is it, but it's not. I think price will continue to drop all week. Yes there will be some pullback, but if you scroll out to the weekly chart, you will see this will be a decently sized red candle come Friday close.
Get ready for another drop hopefully tomorrow. Careful though, price will rebound back to the red line.
Ultimate target is 1.11. Most people tell me this is too low, but we shall see.