Description
⋅ Price has fallen from previous forecast and reached the Lower Median Line (Note P0 point was adjusted to low on 03-Jan-2017).
A retest of the Median Line has failed and stopped by 0.764 retracement.
Expecting price to test support at 0.5% and eventually reach 0.764 retracement on daily time frame (refer to part 2).
Upside Risk: Price may retest Upper Median Line again?