The EUR/USD is still trading in a narrow range (like the SPX) and is forming a rising wedge. A break below the support line would very likely confirm the bearish scenario.
Primary Count: At the beginning of [iii] of 1.
Alternative Count: In iii of (iii) of ?; A break above the high at 1.4446 would confirm this scenario. The top for Primary /[B] would be delayed by some weeks.