EUR/USD Trading In A Big Zig-Zag
On the updated count of EUR/USD, we see price trading in a possible zig-zag correction of a higher degree, with waves A and B already completed. The current bullish rally is part of wave C, that may see more gains in sessions ahead, ideally towards the upper channel line. At the moment we see price trading at the beginning of the second corrective wave 4), that may offer some slow and choppy price activity. After wave four finds a base, a new push into wave five of C is expected to follow.
EURUSD, 4H
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