FX.co ★ Elliott wave analysis of EUR/USD for February 10, 2023

EUR/USD tried to break above minor resistance at 1.0767 but failed. It means a final dip towards the ideal corrective target at 1.0650 to complete wave C of 4 and set the stage for wave 5 higher to 1.1391.

In the short term, only a direct break above yesterday's high at 1.0791 will confirm that wave C of 4 already has been completed and wave 5 is in motion.