Take a look plz on daily chart. Looks like EU wanna make right shoulder before confirm reverse.
I guess that DXY go under 92, and at the same moment ECB interest rate decision no changes, so EU blow UP to 1.1980 and higher
I suppose that GU drop to 50% fibo 1.2900, and after that fly up to 1.30
GU road to 1.27, but first of all we need kill SL of shorts, so waiting for pop UP to 1.2950 reverse and go to 1.27
I guess we are in right shoulders UP to 1.0950 before fall down to 1.07
I suppose that now we are in 4th correction pocket wave down to 1.0850 or 1.0820 SPIKE as provocation to kill LONG SL under 1.0825; After that price blow UP to 1.10 in 5th wave
EU in 4th correction pocket wave, wait for spike down = end of correction, after go UP 5th trend wave to 1.0955 area
I suppose that GU in 4th correction pocket wave, it can make spike down to terminate SL of buyers, and after that go UP in 5th trend wave
Take a look on EU, I suppose that first of all will be fake move down to terminate SL, after that EU go UP
Now we are in pocket correction wave 4th, waiting for GU blow UP in 5th wave