EURUSD rebounded after the daily correction process deepened. However, since the 4-hour correction trend line of the rising wave was not drawn, the 4-hour correction trend line of the falling wave is drawn and the correction is again showing. In the process, the lower support line is formed and if it breaks the last line of the downtrend, it will reach the weekly supply zone.
And, if the upward trend continues and rises above the blue line near the weekly supply zone, and a new daily correction trend line is created again above it, the low point will be the new monthly correction trend starting line with the monthly correction process, and the target to reach is at least the monthly supply I will go to the zone. However, on the contrary, if it fails to settle on that line, there is a high possibility that it will fall again through the weekly correction process.
And, if the upward trend continues and rises above the blue line near the weekly supply zone, and a new daily correction trend line is created again above it, the low point will be the new monthly correction trend starting line with the monthly correction process, and the target to reach is at least the monthly supply I will go to the zone. However, on the contrary, if it fails to settle on that line, there is a high possibility that it will fall again through the weekly correction process.