phase of retracement !!!

FX:EURUSD   Euro / U.S. Dollar
632 2 6
My opinion is that, we are still at the stage of retracement, which can be completed around the 1.1165 level! or may be continued until the level of about 1,1002. After that, I expect up trend as impulsiv leg, to levels around 1.1620 !!! (fibo1.1272)
in longer term it does touch the point D, great !
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