EURUSD: Still Bullish BUT ...
As I have predicted earlier, EURUSD has successfully bounced from 1.206 horizontal structure support .
This week the price has set a nice local bullish trend on 4H with a higher low and two higher highs.
I remain bullish biased and expect more growth, HOWEVER:
Now we see a completed harmonic abcd pattern formation.
For next week there are two potential scenarios:
1) The price may retrace from D point of ABCD and only then continue growing
2) The price may just continue growing to new highs
Safe option is always to wait for a pullback first.