#EURUSD on watch for the #Elliottwave 1-2-i-ii breakout, rejected on first trial and need to hold above mid triangle to keep the pressure up, below 1.075 threatens to breakdown instead.

#EURUSD closing July around 1.085 in an increasingly tight triangle, looks like still more chop ahead. Watching 1.103 for breakout to the upside; while I'm not expecting #EUR to breakdown, under 1.068 will be a red flag and 1.055 stop for the #Elliottwave 1-2-i-ii setup.
The $EUR USDC trading pair with all the slippage is yet at another 0.618 level, see if it can find support between 1.079-1.072 for the immediate bullish path.
Maintain strong bullish bias for the #euro against the #dollar on the weekly until 1.01 is threatened.