In my updated Elliott wave analysis of EURUSD, we clearly see that price is trending down in Final Red wave C. Red wave A ended at 1.05 area where it placed short/medium term bottom and Red wave B have double  zigzag pattern which ended at 1.17. Now we can say the ideal target for the red Wave C is about the time and length of red wave A which is round about 0.70-0.71 area in coming months. . But if we look for short/medium term, we are in blue wave 3 of Red wave C which is expect to be extended as we can see long term goal have to achieve. Sellers can enter into short trade from current level or better targeting below 1.000 area.

muhiuddin