The rally from .8952 is wave C of a large 5th wave diagonal that could extend to a measured objective just below 1.00 in coming weeks (.9936).
Look for support near .9509 (and the line shown on the chart). A bullish bias is warranted against .9290.
The rally from .8952 is wave C of a large 5th wave diagonal that could extend to a measured objective just below 1.00 in coming weeks (.9936).
Look for support near .9509 (and the line shown on the chart). A bullish bias is warranted against .9290.