EURUSD recently broke though the resistance zone lying between the resistance level 1.14110 (former monthly top from June) and the resistance trendline of the wide weekly down channel from 2019. The breakout of this resistance zone accelerated the active corrective wave B. Given the strongly bullish euro sentiment seen across the FX markets today – EURUSD is likely extend the gains in the active waves (v) and (c) toward the next key resistance level 1.15000 (former monthly high from the start of March).
