EUR/USD took a break before possible growth

EUR/USD took a break before possible growth. The current Weekly Euro Dollar chart suggests two key aspects that can be identified: the intersection of the EMA 100 and 200 lines, which is a signal of a possible continuation of growth, and the MACD moving into the positive values zone with a confident margin and convergence with the upward local trend. It is also important to note that the recent growth last week allowed to cross the EMA 100 at 1.08230 on the weekly chart and even form the initial MACD signal. I believe that we can now consider the possibility of further growth on the weekly chart with the goal of reaching the EMA 200 at the key level of 1.09750. This growth will be possible only after the completion of the local correction and further breaking through the key level of 1.08850.
It is also possible to expand the current correction if the marker level 1.08350 is broken and the uptrend is changed, after the daily EMA 100 and 200 crosses at 1.08000. This option will open up the prospect of a fall to the level of 1.07300.