EUR/USD: local bullish impulse

EUR/USD: local bullish impulse

There's wave 2, which is taking the form of a double zigzag. Also, we've got a zigzag in wave [y], so wave (c) is likely going to be continued. The main intraday target is 7/8 MM Level.

As you can see on the one-hour chart, there's a possible flat pattern in wave ii. So, bulls are likely going to deliver another upward impulse in wave iii of (c) in the coming hours.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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