1. Break - The pair break above the Range and held up by the EMAs.
2. Retest - Will be expecting a small Pullbacks to confirm the break & for further upside.
3. Wave 5 - The pair is currently in the middle of a Wave 4 - Wave C. A Bullish Reversal Signal on the completion of Wave C will signal the potential start of a Wave 5, with potential target at 1325.7 (*Fib Extention 1.618).
2. Retest - Will be expecting a small Pullbacks to confirm the break & for further upside.
3. Wave 5 - The pair is currently in the middle of a Wave 4 - Wave C. A Bullish Reversal Signal on the completion of Wave C will signal the potential start of a Wave 5, with potential target at 1325.7 (*Fib Extention 1.618).