Hello Traders
Currently this is my favorite scenario. EURUSD might be forming bullish triangle as wave 4. Currently on wave D, followed by wave E that can extend to 1.0860 1.0790, Wave E does not have to retest lower triangle border, followed by final bull wave as 5 blue that can target the below:
A break above 1.1100 with a daily close preferable in this case will target 1.1230 1.1400+/- levels.
Invalidation a break below 1.0630.
Trade safe, manage your risk properly.
Should any change occur, I will make an update ASAP.
Happy hunting
