Looks and feels to me that the correction ain't done yet. And i expect to see more down side to complete the (Y) leg. However if pair breaks and holds above (b) , this weakens the bearish case
Comment:
Broken above (b) and appear to hold so far. Neutral for now. A break above 13876 will be very bullish
Comment:
Price back below (b)We might have a bull trap developing
Comment:
We now have (X) at 12372.93 high. Bearish against the high at 13868.44 on this time frame