EUR/USD failed to break above minor resistance at 1.0941. As long as this minor resistance is able to cap the upside, we can't dismiss the possibility of a final dip closer to the ideal corrective target near 1.0779 before EUR/USD turns higher in the next impulsive rally towards 1.2007 and above.
Only a direct break above minor resistance at 1.0941 will indicate that the impulsive advance higher towards 1.2007 is already in motion.
