An explanation on the ongoing decline of EURUSD :
On the daily chart frame, after the fine ending diagonal wave C of (E), a five-wave sequence to downward is likely be completing. based on the alternate-count, the ongoing wave 5 has been extended, and it’s fourth wave is likely in progress.
On the current sequence, how far down can EURUSD be expected to go?
The expected fibo-expansion target for bottom of the fifth-wave decline, could be around 1.0956.