Bottom Line: Lower in five waves for wave A
08/04/2026 6:29EST (Last Price 1.16858):
EURUSD exceeded 1.1627, confirming that wave B has been in progress since the low at 1.1411. I expect more upside towards 1.1800-1.1850 before the bears can return in wave C towards 1.12-1.10.
In summary, 2026 is likely to build on 2025’s gains since the big picture is bullish.
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