General overview for 18/09/2014 16:30 CET
It looks like the main bullish count will be invalidated and this is why on H4 time frame there is ready alternative count with greater details about the corrective cycle in shape of ABC green irregular flat formation. The key level for intraday traders is the intraday support at the level of 1.0924 and any breakout lower is bearish as the corrective cycle would be in play then. On a Daily chart it is easy to notice that the projected target level for corrective cycle completion is almost in line wish the lower longer-term trend line support.
Support/Resistance:
1.1097 - Swing Top
1.1037 - Weekly Pivot
1.1027 - Technical Resistance
1.0978 - WS1
1.0963 - Intraday Resistance
1.0924 - Intraday Support|Key Level|
Trading recommendations:
As long as the demand zone is not broken, the mid-term bias is still bullish so buying the dips in this pair is advised.
Daytraders should consider to open the sell stop order from the level of 1.0922 with SL above the level of 1.0963 and TP at the level of 1.0838. 
