small up from here, retrace/corrective, then down to the 1.05x low?
or, bigger up from here, then the low.
or, the low, then big up.
also, your other long term chart has targets nearly at 0.85 if I remember right?
I'm long here, looking to see how it evolves.. possible 1.12 region if we get momentum, then reassess.
The chart is saying IF eu can break that arc THEN .05 and lower is possible but it appears the ARC was strong enough to hold.. so I've been bullish eu since the bounce.