The EUR/USD is most likely in a wave B of a larger ABC (purple) zigzag. The wave count is invalidated if price breaks below the horizontal support (lighter green).
1 hour
The EUR/USD is respecting the 50% Fibonacci retracement level of wave B (purple). A b
The EUR/USD could be building an ABC (purple) but it has a strong resistance layer (red) above it. A break below support (lighter green) would change the current wave count.
1 hour
The EUR/USD could be in the final 5th wave (green) of a bigger ABC bullish
Weekly video recap with in focus EURUSD triangle offers both bearish and bullish break, GBPUSD at bottom of downtrend channel, AUDUSD could bounce within triangle and USDJPY attempting to break below weekly support.
The EUR/USD is in a corrective sideways zone marked by support (green) and resistance (red).
1 hour
The EUR/USD has a support (green) and resistance (orange) trend line nearby. A break above resistance could see price continue higher as part of wave 5 (blu