This pair has finished brown sub five wave structure into main red wave 3 on April
, 2015 near 134 and then completing its correction in red wave 4 towards its ideal target 50 in long term. We will expect this correction as simple abc
correction, but there is also a possibility of double and threes combination that is usually occurs in wave 4. Once this correction is over long term trend will resume and we will see a sharp rally in red wave 5 towards 150 area en-route to 160 or even higher.