We do believe, that we can see a final decline closer to 0.9507 as long as minor resistance at 0.9734 is able to cap the upside However, from 0.9507 or upon a break above 0.9734, we will be looking for a new impulsive rally in EUR/USD towards 1.3565 and ultimately above the peak of wave 1 or A at 1.6038.
