With both bullish and bearish scenarios in play (for the medium-term)... also giving a consolidation period a look as price action could stay at the current level for a couple of days (or not - monthly close has the potential to make some moves) so establishing a scalping range for the next little bit. Be wary of the circled level as correction we had bounced off 0.618 level and could reverse at the 0.236 level (bottom range of top box).
Comment:
This post is presumptive. Still need to confirm a consolidation range with another wave test into the top and bottom box.