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Hello traders, the situation on EUR/USD is similar to the dollar index, with a very similar wave structure repeating on lower timeframes. Currently, I am also expecting a pullback to the fourth wave in (3) in (5) in (C). In the second half of the day, I believe the pair may reverse into the fifth wave in (3) in (5) in (C). It's possible that it's not wave (C) here, but rather the pair is moving in the third wave, with enough possibilities on higher wave levels. If the pair manages to make a new high, then we are likely in the fifth wave, and most likely the new high won't be today but on Monday, similar to the index. Today, I am only expecting the completion of the fourth wave with a reversal into the fifth wave, and next week we will finish the fifth in (3) in (5) and start a correction.