EUR/USD reversed nicely higher few sessions back from 1.2660 area where we see first signs of a bottom. The fact is that we have an ending diagonal in wave 5, which we know is a reversal pattern, and we can also see a broken channel resistance line. If we are correct, then EUR/USD will move even higher in days ahead. But for confirmed change in trend, we still need a daily close above 1.2790 resistance.

If 1.2660 low is out then next support comes in at 1.2600.