EURUSD has reached 61.8% of the bull wave that started in march 2020. the bear wave consists of wave ABC with price currently at wave 5 of wave C of II. there seems to be a false breakout from the channel however should the 61.8% hold, the wave III to be formed is going to get to at least 1.30. also take note that wave C of II is almost at 1.618 of wave A of II