EUR/USD: price still rising in wave [v] of C

EUR/USD: price still rising in wave [v] of C

Image20170629154340001.png

The price is still rising in wave [v] of C. The main intraday target is 8/8 MM Level. If we have a pullback from this level, there'll be an opportunity to have a downward price movement.

Image20170629154340002.png

As we can see on the one-hour chart, the price is rising in wave (v) of [v] since a pullback from 1/8 MM Level happened. Therefore, bulls are likely going to test 4/8 MM Level soon.

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