EURUSD Possible Wave A in Progress – Retracement to 0.78–0.88 EUR/USDOANDA:EURUSDMrLiquidonFXHello fellow traders, Current wave count suggests we may have completed a local 5-wave move to the downside, indicating the start of a corrective phase. We are possibly now developing Wave A, with expectations for a deeper retracement into the 0.78–0.88 Fibonacci zone. This move could form Wave 1 of a larger Wave 5 sequence, providing a potential area of interest for short opportunities once the correction completes. Structure remains key — we monitor price action and invalidation levels closely before positioning. Educational content only. Not financial advice.