EUR/USD: wave [iii] started

EUR/USD: wave [iii] started


It seems like wave [iii] has been started, so we could have another bullish impulse in the short term. The main intraday target is 6/8 MM Level.


The price couldn't fixate above 4/8 MM Level, so wave (i) has been ended. If a pullback from 2/8 MM Level happens little later on, there'll be time for wave (iii) of [iii].



EUR/USD: 34 & 55 MA acting as support

There isn't any reversal pattern. In this case, the price is likely going to test the nearest support area once again. If a bullish pattern forms...


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