Expecting price action to consolidate towards 115.50 115.9 before resuming bearish down trend.
Selling at 115.50 Stop at 116.20 limit 111
Maintaining a bearish outlook while correction is continuing up to 1.4540-1.4515 levels followed by drop down for 5th wave.
Short at 1.4540 stop 1.4680 target 1.4130
Not yet bullish on the EUR but I favour further consolidation to the downside. Would go short below 1.1143
Facing resistance against downward trend line. Should turn downwards to complete the fifth wave.
Not yet ready for the move down and will wait for the consolidation to play out before going short