Based on EW count, i was expected a big down for EU, but was invalidate the count after Yellen's Speech, so this is my view now for a medium view on EU. Just Breaking the channel could think in a big down move. Meantime...short to complete (B) wave (magenta) based on abc correction (blue) waves. So the Target could be found in 61.8% Fib level from March low and maximum from Dec. 2015. Good luck