EUR/USD: 3/8 MM Level acted as support

Read the article on FBS website

Image20170913102317001.png

Wave [ii] may have been ended, cause there's a pullback from 6/8 MM Level. So, there's an opportunity to have wave [iii]. In this case, we should keep an eye on 8/8 MM Level as the next bullish target.

Image20170913102317002.png

There's a possible zigzag in wave [ii]. 3/8 MM Level has acted as support, so the price is rising. Therefore, wave (i) of [iii] is likely going to move on towards 6/8 MM Level.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.