EUR/USD reversed sharply lower this week, and is already breaking through November's channel support line, which is the most important evidence for a temporary change in trend. We always need to respect this type of price action, so we had to adjust the wave count that is now showing a completed three-wave rise at 1.3300 followed by a sharp bearish reversal, which could unfold impulsively in wave C) of a big wave (B) flat formation. If prices will remain weak at the U.S. close today, then 1.2870 will likely be tested next week.
EUR/USD" title="eur" width="500" height="520">