EUR/USD: wave (iii) ended

EUR/USD: wave (iii) ended

EUR/USD: wave (iii) ended

There’s a pullback from 7/8 MM Level, so wave (iii) has been ended. Therefore, bears are likely going to deliver wave (iv). In this case, we should keep an eye on 4/8 MM Level as an intraday target.

EUR/USD: wave (iii) ended

As we can see on the one-hour chart, wave (iii) was formed like a double zigzag. The main target for wave a or w is 5/8 MM Level, which could be a departure point for a local bullish correction.

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