EUR/USD: pullback from 3/8 MM Level

EUR/USD: pullback from 3/8 MM Level


There's a pullback from 3/8 MM Level, so wave [iii] might have been formed. Therefore, we could have wave [iv] in the short term inside a possible ending diagonal.


The price has been declining since a pullback from 6/8 MM Level happened. It seems like wave iv ended, so there's an opportunity to have bearish wave v of (a) pretty soon.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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