EUR/USD: price achieved 0/8 MM Level

EUR/USD: price achieved 0/8 MM Level


The price is still declining. It seems like wave 4 is taking the form of a zigzag, which is about to end. So, if a pullback from 0/8 MM Level happens later on, there'll be an opportunity to have wave [i] of 5.


The pair has achieved 0/8 MM Level, which could act as support. If so, bulls are likely going to deliver wave [i]. The main intraday target is 2/8 MM Level.



GBP/CAD targeting lower levels

It seems the GBP/CAD looks forward to resume the bearish bias in the short-term, as it has been correcting the cycle started from May 18th and now, we can expect another leg higher to re-test the Fibonacci level of 50% at 1…


Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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