EUR/USD: weekly wave analysis
By Roman Petuchov
Weekly. The market keeps on forming a converging horizontal triangle B.
Daily. The market is developping a descending zigzag [E], which consists of 2 bearish impulses (А) and (С) and a corrective wave (В). Wave (С) is now coming to an end.
H4. You may see the wave 5 of (C) in details. On the new week the price will likely decline in the wave [v] - see the chart.