Cable was not able to move up to our target from our previous analysis. Instead, it continued moving down, which tells that a top has been formed already. Price has room towards its 1.618% fibonacci level at 1.4055 before it corrects up.
Cable's movement shows it is still on its corrective stage which might top at 1.4675 - 1.4730 areas.
Euro managed to rally for days, making new highs, targeting a 61.8% retracement around 1.1420 before price starts to decline.
Yen may continue to move lower. A break below previous low 105.54 would lead us to consider the alternate view of this market.
Profit targets 106 area before bulls come to play.
EURUSD has more way to go down. Target is around 1.0650-1.0630