Trader, analyst and instructor with a 6-year experience

EUR/USD: weekly wave analysis

Roman Petuchov

Weekly. Final bearish impulse [C] is being completed. Let's see the markup in the details. 

Daily. The market is forming a bearish wave (5) of [C] that is close to its end.

H4. Last week we've seen a strong bearish trend in a wave [iii]. On the new week bearish correction in a wave [iv] is expected. Afterwards the pair will extend the downside in a wave [v].

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