At 1.2981 we have 1 to 1 correction on eurusd, depending on the type do the correction of that latest move, we might go either way. On the smaller timeframe it looks like the impulse is heading south however, eventually it may end up as a part of the correction of the higher degree. I would look at some kind of bounce up from this level and then I will try to figure out the situation base on the price action at the time.
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=14.0)