Currency pair EUR/USD
The EUR/USD challenged the short-term resistance trend line (red) but failed to break and made a new retest of the support trend line (blue). Price bounced at the support trend line, which could be part of a wave 2 (blue) pullback. A bullish breakout could start a bullish wave 3 (blue).
The EUR/USD seems to have completed a wave 2 (blue) correction and a bullish break above the resistance trend lines (red) could trigger a bullish breakout and momentum.
Currency pair GBP/USD
The GBP/USD uptrend is continuing higher and will soon retest the Fibonacci targets of waves 5.
The GBP/USD broke above the resistance trend line (dotted orange) which could be starting a bullish wave 3 (blue) momentum.
Currency pair USD/JPY
The USD/JPYis testing the larger resistance trend line (red) of the downtrend channel after price broke above the triangle pattern (dotted orange).
The USD/JPY is in a potential wave 3 (purple) if price manages to break above the resistance trend line (red).
 but failed to break and made a new retest of the support trend line (blue). Price bounced at the support trend line, which could be part of a wave 2 (blue) pullback. A bullish breakout could start a bullish wave 3 (blue).){kind=link}