EUR/USD: wave (ii) ended
The price has come back under 4/8 MM Level, so wave (ii) was likely ended. In this case, we’re likely going to have a bearish impulse in wave (iii) in the short term. The main intraday target is -2/8 MM Level.
We’ve got a zigzag in wave (ii) on the one-hour chart. Also, there’s a bearish impulse in wave i. Therefore, the market is likely going to decline in wave [1] of iii during the day.