Soon or later today we are again going down to our ideal targets as per E. and expanding triangle concept and the wave1 projections , the target lies near 1.0460 in the shape of wave(v) on larger fifth wave inside wave ( III ) and we will allow the things to flow down today.
Due to rate hike rumors , we can not think about major moves.
Our all upside targets should be limited and we will continuously see declines how ever once all 5 waves sets completed then a substantial corrections are expected as A-B-C
We are for now and will look to sell on UK and US sessions.
Trading recommendations :
We will look to sell near 1.0800 or upon break down 1.0650 with stop above 1.0840 and target will be our calculated 1.0460