EURUSD – Fifth wave advance to continue – November 30th, 2020

EUR/USD, 12H chart. It seems like wave 4 might take the form of a double zigzag. If correct, a fifth-wave advance should move on in the short term.

EUR/USD, 120Minutes chart. The market has been moving up since the pullback occurred last Monday. It’s highly likely that there’s a developing extension in wave ((iii)). In this case, the pair should continue unfolding the fourth wave of wave ((iii)) during the day. A fifth-wave advance is likely going to begin after that.

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