Look for a small sideways flag here and a dump to .245-.255 area. We will have a complete flat correction there, which means it will be ready to impulse up to the .29-.30 area to complete the bigger flat or to start the reversal.
Flat or reversal, which one will it be? We will have to wait for new price action to answer that question. For now, expect a down move before any significant up move.
Previous idea still in play, no major changes as of now.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below! Please don’t forget to like & follow.