There is a high probability that Euro have formed a near term bottom at 1.1300. The rally from 1.1300- 1.1735 seems to be an impulsive 5 wave rally, so the rally is expected to continue towards 1.1830/1.2000 levels in the coming days after the correction/consolidation. In the chart I have plotted two possible paths which Euro could take in the near future. Euro could most probably take the path 2 to complete the a-b-c correction somewhere around 1.1500/1.1450 region before moving higher towards 1.2000.
Please consult your financial advisers before taking any decisions.