EUR/USD: pullback from 2/8 MM Level

EUR/USD: pullback from 2/8 MM Level

Image20170622162432001.png

We've got a pullback from 4/8 MM Level, so wave 2 may have been formed. Also, wave (i) is about to end, so if we have a pullback from 3/8 MM Level, there'll be a green light for wave (ii).

Image20170622162432002.png

There's a pullback from 2/8 MM Level, so wave iv of (i) may have been ended. Therefore, bears are likely going to deliver wave v of (i). The main intraday target is 0/8 MM Level, which could be a departure point for an upward correction.

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