4 hour
The EUR/USD broke above the top and resistance zone at 1.25 (red), which is confirming an uptrend continuation. The uptrend could complete a wave 5 (purple) of a wave 3 (pink), which could leave space for one more potential wave 4 and 5 (pink).
1 hour
The EUR/USD made a bullish break above the resistance trend line (dotted red) and is close to hitting the 161.8% Fib target. The broken resistance zone at 1.25-1.2525 could now become a support zone.
4 hour
1 hour
Origin: Admiral Markets
