Using the Elliot wave
theory, from 9th
to 20th march the pair was in an impulsive trend forming a 5 wave uptrend and from 20th to 30th march the pair formed a corrective trend which was a combination of flat and a zigzag
wave. so we are looking for a another impulsive trend to level 1.00027.
alt; if the pair reverse to level 0.94660 we are looking to go short