This market is now in wave 4, which is taking the shape of a complex correction. One of the fundamental rules of the elliott wave principle, is that wave 4 can't overlap with wave 1
In other words, this market is bullish above .91335. I will look to long at .9280 and .9230 for a run to the 76.4 fib at.9520.
THANKS for this idea...i was alsoconsidering the same with other technical study....now i am confident by looking your idea...i was working on GBPAUD EURAUD... Thanks