In this chart, I am focusing on the wave 3 of the impulse wave down. Wave labeling is pretty clear.
WAVE COUNT There really isn't much drama here concerning the wave counts. Pretty clear cut decline. Where it gets somewhat confusing is right now during what looks to be the wave IV of 3. Understandably as wave 4's are notoriously difficult to predict. As I have it right now, it appears to be making an ABC flat correction.
PATTERNS As seen on the monthly chart, the POTENTIAL Butterfly pattern is close to being filled but is still off by about 300 pips from where prices are right now. So still has some ways to go to get there. It should get there though how it gets there and how long it will take is up in the air. There is also a POTENTIAL crab patterrn (seen better on a lower TF) that is also pointing the way down for this pair. The completion of that crab may mark the end of the wave (B) and the start of the wave (C) up.