Inside technicals and chart patterns by 
The 30 minute cable is bouncing (correcting) to the 34ema low (bottom line of the Wave). The 34ema low is currently at 1.6212 but prices have not had any problem slicing and dicing through the “00″.
The 15 minute chart is transitioning to more of a sideways market cycle so this it’s unlikely that ay follow-through will be seen as London and Frankfurt are already closed. Th two lows to watch will be the 1.6153 and 1.6155 levels.