EURUSD – Fourth wave to continue – September 10th, 2020

EUR/USD, Daily chart. No change. The market has been rising since wave (C) of ((B)) finished. It seems like we’re going to have an upward impulse, which is supposed to be wave (1). If correct, the pair is likely going to continue moving up in the coming days after wave 4 ends.

EUR/USD, 60Minutes chart. It seems like wave 3 is over. If correct, we’re going to have a fourth-wave correction in the short term. It seems like wave (a) inside the pattern has finished. In this case, the market should unfold bullish wave ((b)) of 4 in the short term.

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