EUR/USD: The Last Leg of the Bullish Correction IV Could Have Just Begun

[PocketOption]

EUR/USD: The Last Leg of the Bullish Correction IV Could Have Just Begun

In the long term, the EURUSD currency seems to be forming a bearish cycle impulse, which consists of five main sub-waves I-II-III-IV-V. Most likely, the cycle impulse sub-wave III was fully completed, after which the formation of the horizontal correction IV began. This correction is similar to a double zigzag consisting of primary sub-waves Ⓦ-Ⓧ-Ⓨ. […]

The post EUR/USD: The Last Leg of the Bullish Correction IV Could Have Just Begun appeared first on Action Forex.

Source: EUR/USD: The Last Leg of the Bullish Correction IV Could Have Just Begun