Commentary: We are maintaining a bullish stance against .8653, although confidence in the pattern is low at this point. “The decline from .9399 could be just an a-b-c decline. This is suggestive of a resumption of the uptrend and eventual rally through .9399.
The other count is bearish and suggests that an a-b-c flat correction is unfolding from .8753. In either case, price is expected to exceed .9068.”
Strategy: Bullish, against .8653, target TBD