EURUSD is in a bull market we saw a correction from the recent weeks which was for a wave 4 impulse move. The impulse sequence is clear the waves 1 and 4 are not overlapped, wave 3 is not the shortest compared to wave 1 and possibly five which will soon form. We touched the middle channel line and we started seeing some weakness most likely we will see buys this level also correlates with the 38,2 Fibonacci retracement level from prior wave 2 low to wave 3 high.
