By the end of the first uptrend in the range of 1.2349, the corrective trend has ended with 3 descending waves in the range of 1.1704, and we should expect an uptrend for this currency at least up to the range of 1.30. The confirmation of the uptrend has been drawn by crossing the price from the downtrend channel, in addition, we also can get the main confirmation with the price crossing the range of 1.2243.