EUR/USD: 'Harami' led to decline
There's no any reversal pattern so far. In this case, after a short break, the price is likely going to test the lower 'Window'...
EUR/USD: developing ending diagonal
There's a developing ending diagonal in wave [v] of C. It seems like wave (iv) has been formed, so bulls are likely going to deliver wave (v) of [v] in the coming hours. In this case, we could have a new high soon.
As we can see on the one-hour chart, wave (iv) took the form of a double zigzag. Therefore, the market is likely going to form another zigzag in wave (v) of [v], so 8/8 MM Level could be broken.
Igor Tolstykh
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