EURUSD looks to have fully unfolded a five-wave move within a higher degree wave 5, up from 1.116 level. At the moment we see price declining, down from 1.191 level, and below the trendline, which suggests a top in place, and a minimum three-wave reversal underway. That said, be aware of temporary pullbacks.
Also, the Relative strength index belowt he charts suggest a bearish reversal as well.
EUR/USD, 4h
