EUR/USD: bullish wave [iii]

EUR/USD: bullish wave [iii]

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There's a pullback from 4/8 MM Level, so the price is rising. It's likely that we're going to have bullish wave [iii] in the short term. In this case, we should keep an eye on +2/8 MM level as the next intraday target.

Image20171124063813002.png

Wave [ii] took the form of a double zigzag, so there's a developing impulse in wave (i). Considering that wave v of (i) is about to end, there's an opportunity to have a downward correction, which could be wave (ii) of [iii].

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