EURUSD reversed lower from the 1.3000 psychological at the start of the week and then perfectly reversed higher again from base channel that became a support.
That was the ideal scenario for a current push higher into a wave (v) which may still rise towards 1.3090 while 1.2945 holds.
EUR USD Elliott Wave Analysis – Click image to enlarge
However, keep in mind that a five wave rally in wave 3 could be near completion and that we will probably be tracking a larger three waves of a pull-back next week.