EUR/USD: pullback from 0/8 MM Level

EUR/USD: pullback from 0/8 MM Level

Image20171002112114001.png

Wave 4 has been finished, cause there's a pullback from 0/8 MM Level. Also, there's an upward impulse in wave [i], so we've got developing wave [ii], which is about to end. In this case, we're likely going to have another upward impulse in wave [iii] of 5 soon.

Image20171002112114002.png

There's a local decline, which could be wave [ii]. However, this bullish wave count will be unconfirmed until a bullish impulse in wave (i) arrives.

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