After completing five impulsive waves, EURUSD has started to form corrective waves from the ðīresistance zone($1.1027-$1.098)ðī.
The structure of the corrective wave with respect to wave A is of Zigzag type(ABC/5-3-5).
Wave B ended near the resistance zone and Price ðĄReversal Zone(PRZ)ðĄ.
After breaking the support line, I expect wave C to continue to the ðĒsupport zone($1.076-$1.071)ðĒ.
ð
Euro/U.S.Dollar (EURUSD) 4-hour time frameâ°.
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