ContributorsTechnical Analysis Elliott Wave Weekly: EURUSD Returned To The Bullish Track By Elliott Wave Financial Service - Feb 11 21, 06:51 GMT FacebookTwitterPinterestWhatsAppLinkedinEmailPrint The fifth wave of wave ((C)) is still underway, so the last decline is likely wave 2. If correct, the market should continue unfolding wave 3 of (5), as shown on the 12H chart. The main critical level is the low of wave 2.