General overview for 26/09/2016:
There is a chance that the main impulsive count is being now is progress, nevertheless the amount of the structure called 1-2, 1-2, 1-2 i a little too many for my taste, but hey, what the hell do I know anyway?
This is the reason why I have included the alternative count that is based on a big triangle structure.
1.1430 - Blue Impulsive Count Invalidation
1.1365 - Green Impulsive Count Invalidation
1.1342 - WR2
1.1294 - WR1
1.1207 - Weekly Pivot
1.1160 - WS1
1.1122 - Technical Support
The bigger and smaller time frame outlook still points to the downside and bearish trend resumption is expected sooner or later*.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.