Bottom line: EURUSD bears shall remain in control until 1.2000 is intact. The drop from 1.2 through 1.1754 looks an impulse, potential Wave 1. The subsequent rally a-b-c through 1.1914 might be potential Wave 2 OR Wave 2 might drift sideways into a triangle. Once complete, EURUSD bears should be back in action as Wave 3 resumes lower.
Short against 1.21, target remains open.
Good luck!
Short against 1.21, target remains open.
Good luck!