I do continue to believe that we are dealing with a 1.5 year which started in Dec 2014, and it's about to complete. From what I saw earlier in similar setups, the resolution of such a wide expanded occuring in wave 4 is a very fast wave 5, almost a spike-like shape which, once traced out causes a very quick trend reversal. It's a wave 5 that has been "forgotten" by the market and the market will be in a rush to trace it out in order to obtain a valid 5-wave advance.
There needs to be a trigger to launch this sequence - some market event, and I don't know yet what this will be. We need to remain patient. I will be longing USDRUB once I see it bounce circa 62-63, and 66 is bettered. I expect the targets of 85 or higher.