EUR/USD: wave analysis (June 9)
Weekly. After completion of the wave [D] that is a part of a converging horizontal triangle we saw a new bearish wave [E].
Daily. First complete descending impulse 1 has been built. Next week we'll see a corrective growth in a wave 2.
H4. The wave 2 will take a form of a simple zigzag. In the near term some bearish correction will take place, after that the market will grow in an impulse [c].