EURUSD is going lower against the December 31 High after completing a 3 wave pullback, though the correction has a couple of short "C legs" in the minuette(purple) & subminuette (white) degrees that could be due to liquidity of the market in during the Holidays, we had expected to see prices reach 1,450 in the past week but for now we will take those legs as completed corrections, hence from that view then we expect the pair to move lower for the 5th wave in the minute (green)degree finally completing wave "Y" in red minor degree at about 1,1000 of which we are most likely to see a reversal.