The friday the euro broke an essential service line at 1.1864, with a very strong down of more than 150 pips at less of 4 hours. Because of this, the fluctuation ring, or as elliotician call this, a level, is finished. We can say that the trend is back, and the question is for how long. The station lines in the help that is picture. The year that is past the euro mades a top at 1.3666, will earn a new lows?

The Blue counting and the Red are alike, a difference in the degree of waves and the length of the down. The grim counting is a double zig zag, where the tide C is on progress, with target between 0.618 to 1 of (W). And the red indies a enlarged horizontal wave X, with a wave ((c)) in progress, close the bottoming.