EUR/USD: possible "Ending Diagonal"

EUR/USD: possible "Ending Diagonal"


There's a possible "Ending Diagonal" in wave 5, so the market is likely going to continue rising. The main target for wave [iii] is +2/8 MM Level.


The price has been rising since a pullback from 1/8 MM Level happened. It's likely that wave [3] of iii is going to move on, so we should keep an eye on 7/8 MM Level as the next bullish target.




EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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