On the EUR/USD we are looking at a nice impulsive decline taking place, with price specifically trading in sub-wave 4) of 1 that could be near completion. As such we expect one more drop to follow into final wave 5). That said after these five sub-waves will unfold, we can expect a minimum three wave correction to show up towards the 1.1028 zone, where higher degree wave 2 can find its resistance and resume the bearish look.
EUR/USD, 30Min