EUR/USD: another pullback from 0/8 MM Level

EUR/USD: another pullback from 0/8 MM Level

Image20171009125824001.png

There's another pullback from 0/8 MM Level, so wave 4 may have been formed. Also, we've got a possible ending diagonal in wave [c] of 4. In this case, bulls are likely going to deliver an impulse in wave [i]. The main intraday target is 2/8 MM Level.

Image20171009125824002.png

-1/8 MM Level has acted as support, so we've got an upward impulse in wave (i). Moreover, wave (ii) is likely ended, so there's an opportunity to have another bullish impulse in wave (iii) of [iii] during the day.

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