Pair is in wave 4 which can completed between 0.9186 – 0.9237 before wave 5 higher. Expect price to stay above 0.9120 during this wave 4 for the idea to remain valid. Hourly cycles remain positive and hence we don’t like selling the pair into wave C of 4
If you would like to see our mid-term view in the pair, why not Sign up for 14 day Trial We cover 25 instruments in 4 different time frames working round the clock to provide you with frequent & timely updates and to keep you on right side of the market.
If you are interested in learning more about Elliott wave structures and sequence of waves / swings why not check out and register for up coming webinar on this topic. See the details here