EUR/USD: pullback from 6/8 MM Level

EUR/USD: pullback from 6/8 MM Level

Image20171120082316001.png

There's a pullback from 6/8 MM Level, so wave [i] might have been formed. In this case, we could have wave [ii] soon. If a pullback from 4/8 MM Level happens little later on, there'll be a green light for wave [iii].

Image20171120082316002.png

Wave [ii] is likely going to take the form of a zigzag. If the market fixates above 4/8 MM Level during the day, bulls are likely going to deliver wave (i) of [iii].

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