The EURUSD is correcting in a broader 3-3-5 flat correction as described in the link below. This is a chart of the very clear impulse that has formed from the base of wave B that indicates that there will be an impulsive wave C to conclude the 3-3-5 flat.
I am expecting positive news to move the market swiftly upwards on Mondays open. The Market will likely reach the 1.16 level before signalling a powerful short towards ultimate lows.