EUR/USD: weekly wave analysis

by Roman Petukhov.

Weekly. At present, a downward impulse [C] is being formed, which is the final part of the wave B area.

Daily. Wave [C] markup is presented on the chart. Last week, the pair's decline within a new bearish wave (5) began; let us consider the markup of the last section in detail.

H4. Waves [1] and [2] have already been formed. Sliding within a new downward impulse [3] has begun in the last section. Today and in the coming days, we expect further falling, as indicated on the chart.

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