EUR/USD: "Double Zigzag" in wave E
Wave E of (Y) turned out to be a Double Zigzag, so wave [x] is likely going to be continued. If we see a pullback from 2/8 Murrey Math Level (P=200), there’ll be an opportunity to have an upward movement in wave [y] of E.
There’s a zigzag in wave [x], which is taking place on the one-hour chart. Previously, wave (b) was ended under 4/8 MM Level, so bears are likely going to reach the main intraday target at 2/8 MM Level.