4 hour
The EUR/USD is uptrend still remains intact due to the bullish bounce at support. The bullish breakout above the resistance trend line (dotted red) could indicate the uptrend continuation towards the Fibonacci targets of wave 5 (blue).
1 hour
The EUR/USD bounced at the support trend line (blue) and Fibonacci levels of wave 4 (green). Price is now breaking above the resistance trend line (dotted red), which could spark a larger uptrend continuation towards the Fibonacci targets of wave 5 (green).
4 hour
1 hour
Origin: Admiral Markets