EURUSD – Weekly Structural Update: Grand Supercycle Roadmap

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EURUSD – Weekly Structural Update: Grand Supercycle RoadmapEuro vs. US DollarFX:EURUSDMehdi_Abbasi_EWPAnalysis Snapshot: The weekly chart reveals the internal mechanics of the EURUSD long-term bearish structure. We are currently navigating a critical juncture within the ongoing Grand Supercycle correction, where the market is testing the boundaries of established corrective channels. Two Paths, One Objective: Scenario A (Aggressive): The Impulse Count This outlook focuses on the potential for a 5-wave impulsive decline. The price action is currently showing signs of accelerating towards lower targets, breaking through the recent corrective channel. If this bearish momentum holds, we are likely witnessing the early stages of a significant impulse move, confirming the continuation of the long-term downtrend. Scenario B (Conservative): The Double Zigzag (7-Swing) This perspective remains cautious, interpreting the price action as a Double Zigzag formation. We are currently tracking the final segments of this complex corrective structure. Until the corrective channel is decisively broken, the market remains in a consolidation phase. This scenario anticipates a more extended process, potentially involving a 7-swing structure before the final wave A of the Supercycle is carved out. Key Technical Zones: Invalidation Point: $1.60380 Focus: Watching the breach of the Corrective Channel. A sustained close below this zone will be the primary catalyst for the aggressive impulse scenario. Trader’s Note: Whether we resolve this via a clean 5-wave impulse or a complex double zigzag, the destination remains consistent: the market is setting the stage for a major structural move. Stay disciplined and keep a close eye on the channel breakouts—they are the key to the next decade of price action.