The probability of growth is still high.
On the four-hour chart, the third wave of the 3rd level is developing. Locally, apparently, the third wave of lower level iii of 3 is formed, within the framework of which the correction as a wave (iv) was completed. If the assumption is true, then the pair's growth will continue to 1.3800. The level of 1.3437 is critical for this scenario.
Main scenario
Buy during corrections, above the level of 1.3437 with a target of 1.3800.
Alternative scenario
Breakdown of the level of 1.3437 will allow the pair to continue the decline to 1.3312-1.3200.
On the four-hour chart, the third wave of the 3rd level is developing. Locally, apparently, the third wave of lower level iii of 3 is formed, within the framework of which the correction as a wave (iv) was completed. If the assumption is true, then the pair's growth will continue to 1.3800. The level of 1.3437 is critical for this scenario.
Main scenario
Buy during corrections, above the level of 1.3437 with a target of 1.3800.
Alternative scenario
Breakdown of the level of 1.3437 will allow the pair to continue the decline to 1.3312-1.3200.