4 hour
The EUR/USD is showing choppy price action between support (green) and resistance (orange) trend lines. Price remains entrapped between these levels and mark the boundaries of the corrective zone. A push below the 50% Fibonacci retracement level of wave X (purple) makes the current wave count less likely and a bearish variant more likely.
1 hour
The EUR/USD break above resistance (orange) indicates a completion of the ABC (orange).
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