Since 21st April low this pair advanced in an impulse wave clearly the characteristic of a 3rd wave (3).
Due to a presence of 5th wave extension in the minor wave , it will retrace towards 2.2050 area (not a reversal)
before resuming uptrend towards 1.6182 x (1) Fib extension.
Due to a presence of 5th wave extension in the minor wave , it will retrace towards 2.2050 area (not a reversal)
before resuming uptrend towards 1.6182 x (1) Fib extension.
