Trader, analyst and instructor with a 6-year experience

EUR/USD: wave analysis

By Roman Petuchov

Weekly. A new bearish wave is now being formed. 

Chart. Weekly EUR/USD

Daily. Impulse 1 has been built. The market is now constructing a corrective impulse 2.

Chart. Daily EUR/USD

H4. Wave 2 is expected to form a simple zigzag. Next week we expect to see gradual growth.

Chart. H4 EUR/USD

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