*EUR is pumped by dragi and Bulls stil hold the power.* *However, it is now in the long held support zones since August 2015.* *A SR Elliott Wave 3 is now starting and lets see what happens.* *Clear breakout of 1.1700 and 1.1710 would be strengthen the bulls more. *
*Alternatively, the strong US data coming out next week would be a good reason for the market to reverse with a head and shoulder pattern. *