![EUR/USD: double zigzag in wave [ii]](/storage/article/4559/preview/XS0XidsnnieqkqgM_1280x600_q70.jpg)
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Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/USD: double zigzag in wave [ii]
2019-11-11 • Updated
The price is likely going to test 0/8 MM Level in the coming hours. If we have a pullback from this level, wave [ii] likely will be ended. In this case, there'll be an opportunity to have another upward impulse in wave [iii].
It seems like wave [ii] is taking the form of a double zigzag on the one-hour chart. So, bears are likely going to test 0/8 MM Level, which could be a departure point for wave (i). In this case, the low of wave (w) will be broken in the coming hours.
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