The price found a loophole and got out of the protracted side of the sidewall and now we have been observed as the euro rate. It is assumed that the development of the wave  of (c) is being developed. This indicates a turn of movement after completing the development of the specified pulse wave.
But for too long the price was sandwiched in a narrow range to start rolling back from side to side before making a directional impulse movement.
Apparently the current trading week and Complete in bearish benefit, and the price will decline even more.
Investment idea: SELL 1.1145, STOP Loss 1.1165, Take Profit 1.1000 .