At current time the EU is at wave (i) in diagonal and will retrace for (ii) before first confirmatory of bull run to 1.5/1.6 (not worked out yet).The (C) substructures was in 3-3-3-3-3 or ending diagonal.
However this has become my alternate count in previous days when moves from 1.49 looks so dramatic. But I still believe this count will only show in times. 1.49 was labelled as 3 and we in wave 4 or (A)/(B)(/C) in this 1H chart.
Daily Time frame
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