EUR/USD: Momentum Break or Wave (4) – Prepare for a Reversal

Wait 5 sec.

EUR/USD: Momentum Break or Wave (4) – Prepare for a ReversalEuro vs United States DollarTICKMILL:EURUSDTrade_Hive_SignalsEUR/USD: Momentum Break or Wave (4) – Prepare for a Reversal 📈 Weekly Scenarios Bearish scenario (correction): Price breaks support at ~1.1650 → wave (4) develops → possible decline to ~1.1550–1.1530. Sideways scenario: The pair consolidates between ~1.1650 and ~1.1800, accumulating energy for the next trend. Bullish scenario (momentum): EUR/USD holds support at ~1.1650 and breaks above ~1.1800 → wave (5) begins → target ~1.1900 and above. ✅ Conclusion On the weekly timeframe, EUR/USD is at a key point for choosing a scenario: Holding support at ~1.1650 and breaking resistance at ~1.1800 could trigger a new upward momentum. A breakout below ~1.1650 signals a deeper correction by wave (4). It's important to monitor the wave structure and price reaction at these levels before entering a position.