EUR/USD: bulls going to test 8/8 MM Level again

EUR/USD: bulls going to test 8/8 MM Level again

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The price is likely going to test 8/8 MM Level once again. If we see another pullback from this Level, wave (i) is going to be continued. If so, we should keep in mind 6/8 MM Level as the next bearish target.

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We've got a pullback from 6/8 MM Level, so there's wave [2] of iii, which is taking place on the one-hour chart. The nearest bullish target is 8/8 MM Level, which could be a departure point for wave [3] of iii.

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