EURUSD : More Weakness Could Be Seen In Days Ahead
EURUSD fell with five waves from 1.1460 which is important bearish evidence for even weaker EUR in days ahead. The reason for bearish view is also a broken channel from 1.1084 which means that trend is down. That said, current rally from 1.1104 is probably just a correction within ongoing weakness; maybe it's even wave (2) so strong sell-off can be seen into wave (3) soon.