We are in a position increasing or decreasing the process depends on the behavior of traders. Almost, often traders do not know what's going on for EU in the coming weeks.
If we want to focus on the principles of technical and wave analysis, we must have two different ways to deal. However, in the present situation, seems upside wave to around 1.11035. This is the first target we must see. whether, the heavy resistance's fight to climb or not.
All the possibilities clearly shown in the chart.