EUR/USD BELOW GAUSSIAN CHANNEL

EUR/USD currently holding Support shown as S on the chart, also holding the EMAs 8 and 34.

DTF we have a Rising Wedge with a target to the WTF S as shown on the chart if it plays out.

DTF and WTF quite far from the 200SMA and Gaussian channel.

We have completed 5 Waves to the downside, followed by oversold and a bounce.

Once we take the Gaussian Channel on DTF and WTF the uptrend can continue.