EUR/USD: 3/8 MM Level acted as support

EUR/USD: 3/8 MM Level acted as support

2019-11-11 • Updated

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Wave [ii] may have been ended, cause there's a pullback from 6/8 MM Level. So, there's an opportunity to have wave [iii]. In this case, we should keep an eye on 8/8 MM Level as the next bullish target.

Image20170913102317002.png

There's a possible zigzag in wave [ii]. 3/8 MM Level has acted as support, so the price is rising. Therefore, wave (i) of [iii] is likely going to move on towards 6/8 MM Level.

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