EUR/USD: wave (ii) is about to end
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Wave (ii) is about to end. Therefore, if a pullback from 4/8 MM Level happens, there’ll be an opportunity to have another impulse in wave (iii). If so, we should keep an eye on -2/8 MM Level as an intraday target.
The price has been rising since a zigzag in wave b ended. Wave [5] of c is likely going to end on 8/8 MM Level, which could be a departure point for a bearish impulse in the direction of 6/8 MM Level.