EU still in bear channel

Still in bearish Channel...

i think it'll bounce off 1.070 and go up to 1.0780ish before coming back down into the main bear channel...

We will see it come back down on Elliot Wave - A B C leg, possibly coming back to the 0.618 of the Pitchfork - 1.0650.

Going to play it safe here. If it pops out of the Bear channel then it has a potential to change trends which is why i have the new pitchfork pointing up. Possibly trade after ECB meeting tomorrow.