EUR/USD: developing wave (i)

EUR/USD: developing wave (i)

Image20170615172936001.png

The price hasn't fixed above 4/8 MM Level, so wave [c] of 2 may have been ended. Therefore, there's developing wave (i). If we have a pullback from 3/8 MM Level, bulls are likely going to deliver wave (ii).

Image20170615172936002.png

6/8 MM Level has acted as resistance, so there's a bearish rally, which could be developing wave (i). If this wave forms like an impulse, we're likely going to have the market even lower right after an upward correction.

eur

Similar

Popular

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later