One more leg down to rectangular zone, maximally to test the previous gap.
EURUSD is due an upside correction/reversal. It'll probably stall a bit in the yellow zone as shone before heading back up.
We are at a possible end of a major correction (Wave C), which is also a 78.2% retracement from the recent highest point. Possible start of a new set of Wave 1 upwards coming soon.
Around $4453 is the zone where Wave X is likely to end, with a Wave Y as a reversal to start the downtrend. Current weak volume also doesn’t support a sustained bullish run.