FX.co ★ Wave analysis of EUR/USD. Weekly review

Having not reach the mentioned earlier level of 1.1850, the price began to move upwards, having rebounded from 1.1925. Judging by such uprising movement of the market, the situation can allow ending of formation of the 3rd wave in 3rd (or C) and transition of the euro to the stage of summer correction. At the same time, in the beginning of the new trading week the general picture allows a possibility of another try of testing 1.1900 that will lead to more complicated ending of wave structure of the 3rd wave.