The EUR/USD is showing strong bullish momentum and a breakout above two resistance trend lines (dotted). This Is most likely a wave A (blue) of a larger bullish ABC zigzag pattern.
Whether the wave A (blue) of the EUR/USD has been completed or not remains the key question. The 1.15 round level however could be a strong resistance and create a bearish pullback as part of wave B (blue). The Fibonacci retracement levels of wave B vs A are potential support and bouncing zone for a bullish continuation.
The EUR/USD seems to have completed a 5 wave pattern (green) in wave A (blue) and price could now be building an ABC (green) within wave B (blue).