The ongoing Euro correction - which is the only real correction we have seen since the sell-off began last year still have a lot of room to correct higher. Current price action is really important for coming months ahead.
The trend is still down so thats why I wil stay on the Bear side for now. I expect this pair to range more in the near future. The trade levels I plotted may not be enough as the range develops but it is good for now in the immediate future.