This pair has recently finished wave B of Major wave C of the previous downward correction. The pair is now trading at wave 3 of wave 2 of wave C. I am keenly observing this pair. Once our wave 2 is complete, we shall be looking at trading a big wave 3, 4 and 5 of wave C for the major correction to be through.
If the price goes beyond our invalidation Zone marked with red, then we shall revisit wave count. But the bias is long for me.
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