By continuing the analysis of EUR-USD, wave B was completed with a retracement of 61.8% of wave A and now is forming wave C. If this wave is the last of the correction phase ABCXABC, will depend on how many sub-waves it will be composed (three the correction will continue, five the correction will be completed).
Possible target of wave C:
1.2240 wave C = 0.618 wave A
1.2162 wave C = wave A
1.2036 wave C = 1.618 wave A
1.1831 wave C = 2.618 wave A
Possible target of wave C:
1.2240 wave C = 0.618 wave A
1.2162 wave C = wave A
1.2036 wave C = 1.618 wave A
1.1831 wave C = 2.618 wave A