Since today's high stopped at the 2.618 extension AND at the upper blue channel line, this has me leaning towards wave (iv) in progress today and tomorrow.
There is a cluster of support and wave relationships near 1.1190-1.1200. This also happens to be the same area as the 2-4 channel line.
Fourth waves typically hold close to the channel so the price action near this zone will hold clues to the next move.
I am anticipating a wave (v) higher up to 1.14.
However, a meaningful break of the 2-4 line and prices likely visit 1.10 handle. If we meaningfully break support, we'll have to re-evaluate the impulsive wave count.
Don't forget, tomorrow morning at 8:30a ET is the NFP release. Be mindful of reduced liquidity during the release and the potential for slippage.
We may correct lower in a small 4th wave today/tomorrow. 1.1180 is now the key support. A move below 1.1180 elevates the 'X' wave triangle view (count #2 in the chart below).
What do you think - Triangle? New impulse lower?