In previous idea I wrote that I wait a rise above 1.15. This scenario has broken a little bit and the rise was two times small that I wait. Those days showed that correction from the 13th of March does not end yet, because this pair have not done a impulse wave down and also the movement from 1.0818 does not look ended. I remarked waves and now I think the pair did wave (A)
, now are working in a flat correction
in wave 5
of wave (B)
with possible target 1.108 or a little bit lower. Next wave should be the wave (C)
with with target 1.165 = wave (A)
= wave (B)
and until at 1.18 = wave W
= wave Y
This picture are looking clearly: wave combination of W-X-Y.
I think this rise should be the last rise which will take a good deep correction to fall from 1.39.