the EUR/USD is testing the decision zone around the 144 ema close. A bullish break above the resistance trend line could confirm the potential impulsive waves 3 (pink/purple).
The EUR/USD is in an uptrend after price confirmed a higher high but the bullish price action could prove to be a bullish pullback if price manages to break below the support trend lines (blue) and previous bottom (100% Fibonacci level).
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Good trading, Chris Svorcik