EURUSD reversed nicely lower on Friday, away from 1.1730 area where pair might put a top of sub-wave b in place, which means that a wave c decline can now be finally here for a drop to 1.1450-1.1500 area where we would expect a bounce as wave B pullback of a higher degree may come to an end down there. Keep in mind that we expect a strong rise towards 1.19-1.2 while market is trading above 1.1300.
Solid neutral display. Trading within the 1.1510 - 1.1750 1D Rectangle should monopolize the trade until either level breaks. Due to the underlying bearish 1W trend, we remain bearish though: