EUR/USD: extension in wave [iii]

EUR/USD: extension in wave [iii]

Image20171128205136001.png

There's an opportunity to have an extension in wave [iii]. Previously, a zigzag in wave [ii] was formed. So, if a pullback from 6/8 MM Level happens in the coming hours, we're likely going to have another bullish rally.

Image20171128205136002.png

We've got a developing zigzag in wave (ii), which hasn't been finished yet. The main intraday target is 6/8 MM Level, which could be a departure point for wave i of (iii).

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