Narrowing irregular bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market are in the negative area and made the new lows.
EUR/USD: bulls going to deliver wave [iii]
There's a zigzag in wave 4, so an upward impulse in wave [i] has been formed. In this case, we could have a correction, which could be wave [ii]. Nevertheless, bulls are likely going to deliver wave [iii] afterwards.
Wave (v) of [i] may have been ended, cause there's a pullback from 5/8 MM Level. Wave [ii] is likely going to take the form of a zigzag, so we should keep an eye on 2/8 MM Level, which could be a departure point for wave (i) of [iii].
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