EUR/USD: An opportunity for the last rallyEuro / United States DollarCMCMARKETS:EURUSDTopChartPatternsEUR/USD: An opportunity for the last rally Sometimes the market whispers. Today, it shouts. What we see on EUR/USD right now is a mirror of the past: the first bull wave has already unfolded, and price action seems to be sketching out a second wave of almost identical strength and length. A 100% extension points directly to 1.20. And that’s not just any number. It aligns with the long-term bearish trendline (blue). It echoes the central banks’ narrative that EUR should trade around 1.20 This confluence is rare but powerful, the kind of setup traders dream of. 📈 Plan: Watch for a clean breakout. If EUR/USD breaks resistance, it could be the Euro’s final surge, a last breath before gravity takes hold again. Trade the breakout, ride the wave, and remember: passion in trading comes from seizing those moments when price, fundamentals, and psychology align. The risk is really tight as far as a break happens, the price shouldn't come back to the current pattern, so placing a Stop Loss is easy here.