In my analysis of EUR/USD on the 4 hour chart, this currency pair is moving Bearishly, currently retracing to the next Higher Low to est. price $1.17847 at it's lowest point & 1.17937 at it's highest point, which should be between the 1.5 and 1.618 on the Fibonacci. The currency pair should reach the next Lower Low at price $1.16899. I used the Fibonacci and the Elliott wave in my analysis. OANDA:EURUSD