EUR/USD: Developing Ending Diagonal

EUR/USD: Developing Ending Diagonal


There's a developing ending diagonal, which could be wave 5. It's likely that wave [iii] is about to end, so we're likely going to have a bearish correction towards 2/8 MM Level.


An impulse in wave (c) of [iii] hasn't been finished yet. Moreover, if the price fixates above 5/8 MM Level, there'll be an opportunity to have wave v of (c). In this case, we should keep an eye on 7/8 MM Level as the next bullish target.



Gold & Silver Continue to Fly

US stocks are set to weaken at the open today, consolidating after gains in the previous session, with investors wary amid few signs of progress over the next virus relief bill.

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