This pair is forming a base for it's advance more than anything, target could be high but uncertain. Wave pattern has been a complex correction (4) with it's red C wave being an large expanding diagonal, almost ready or have started a zigzag wave {v} up. Trading the breakout.. SL at break of wave {ii} bottom.
Komen
TradingEW
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Long term view -
Present correction (4) since 11th March will likely retrace at least 0.7990 before resuming down trend.
Present correction (4) since 11th March will likely retrace at least 0.7990 before resuming down trend.