Based on Elliott Wave Analysis, Monthly Timeframe: Ending Wave C in Wave 4 (est. -650pips). Wave is a a flat correction. Hence, Wave C would have a 5-wave correction. Daily Timeframe: Completed an internal 5 wave structure of wave 1 and completing its flat correction (wave 2), to start the long wave 3. Short-term long to 0.90 Short-term short to 0.86466...
Based on Elliott Wave analysis, a new point of reference is formed. Wave 1 is forming. Sub wave 4 is retracing and will bounce back. Short-term Bias: Short Long-term Bias: Long Short Milestone 1: 1.27395 Milestone 2: 1.26845 Long Milestone 3: 1.29709 Milestone 4: 1.33