The EUR/USD currently shows a bullish wave count with a potential WXY (purple). The invalidation level is the bottom of the triangle (green). Today's FOMC statement could have a major impact on the US Dollar.
The EUR/USD is in a middle of a wedge formation (trend lines green and brown). The most recent momentum was bullish and could therefore suggest a bullish wave count.
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The EUR/USD is building a slow bearish correction which resembles a falling wedge c
The weekly video recap reviews the key levels within the EURUSD's wedge formation, the GBPUSD's ascending wedge pattern, the USDJPY's channel hitting resistance, and the AUDUSD choppiness.