On the updated count of EUR/USD we see price trading in a possible zig-zag correction of a higher degree, with waves A and B already completed. Current bullish rally is part of wave C, that may see more gains in sessions ahead, ideally towards the upper channel line. At the moment we see price trading at the beginning of final sub-wave 5), which can extend its gains towards the 100.0 Fibonacci projected target.
EUR/USD, 4H