EURUSD Preparing to Fall... Possible REJECTION off this level!!!

Just an update from my previous EURUSD analysis. Link down below. Alright, what we saw was an expected bullish movement for wave 5. However, it did not managed to test the resistance level @1.1460 which we was expecting to see. This show us a greater BEARISH potential with the bear currently consolidating strength for a drop in price level. Wave 5 was shorter than expected with wave A taking place in a day and currently wave B. This went perfectly expected from my previous analysis for EURUSD. Today's candle is mainly a retest of the 78.6 fib level and expect a rejection in tomorrow's candle. Price level will then move towards 61.8 fib level where I will update you all again.

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