The euro is still moving towards the downside forming an impulse labeled intermediate waves (1) through (5).
Intermediate wave (4) is forming a contracting triangle labeled minor waves A through E, within which waves A, B and C are complete, and minor wave D is most likely complete as well.
This count expects the euro to be moving towards the upside for the last time in minor wave E to complete intermediate wave (4).
After that we could have a strong decline to the downside to complete wave (5) near parity
This wave count is invalidated by movement above 1.1436 as minor wave E may not move beyond the start of minor wave D.
Best regards
Intermediate wave (4) is forming a contracting triangle labeled minor waves A through E, within which waves A, B and C are complete, and minor wave D is most likely complete as well.
This count expects the euro to be moving towards the upside for the last time in minor wave E to complete intermediate wave (4).
After that we could have a strong decline to the downside to complete wave (5) near parity
This wave count is invalidated by movement above 1.1436 as minor wave E may not move beyond the start of minor wave D.
Best regards