Due to prolonged advance last year that formed a top on 3oth January; together with the presence of a 5th wave extension, this pair is forming a 4th wave complex correction, now on wave (v) of the expanding Ending Diagonal wave (c) in red.
Thus, a medium term long towards 50% retracement before setup short for long term towards 1.1250.
Thus, a medium term long towards 50% retracement before setup short for long term towards 1.1250.
