EUR/USD: +1/8 MM Level acted as resistance

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We've got a pullback from +2/8 MM Level, so wave [v] of 3 may have been ended. So, there's a developing impulse in wave [i]. However, if a pullback from 5/8 MM Level happens, there'll be an opportunity to have a local upward correction.

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+1/8 MM Level acted as resistance, so the price is declining in wave [a]. The main intraday target is 4/8 MM Level. Therefore, the low of wave (iv) of [v] is likely going to be broken soon.

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