The Weekly chart of EUR/USD has formed a Full Elliot waves Pattern
The Pair after completed (12345) Elliot waves now it is the formation of making corrective waves (ABC)
Short after the correction wave B for the another bearish impulse move on the cards.
The chart clearly shows that the pair after a long downtrend breached the resistance trend line
It is going to retest the resistance in which the pair is going to create the lower highs after that
long after the trend line retest bullish candle formation