My analysis on EU monthly timeframe

15 Eki 2016

Looking a the previous structure formation, currently it is testing the previous consolidation state and also crossed the 61.8 fib level. It will test the 1.04696 support again and if breaks could possibly go to 161.8 if not, it has to break the downtrend and continue move up.

Guys let me know if anyone agrees to this.

31 Ara 2016

Not

as mentioned the downtrend continues