FX:EURUSD Euro Fx/U.S. Dollar
EURUSD fell with five waves from 1.1460 which is important evidence for even weaker EUR in days ahead. The reason for view is also a broken channel from 1.1084 which means that trend is down. That said, current rally from 1.1104 is probably just a correction within ongoing weakness; maybe it's even wave (2) so strong sell-off can be seen into wave (3) soon.