The pair is expected to grow.
Presumably, a bearish correction within a zigzag-shaped wave B is completed. Apparently, the first counter-trend wave of junior level (i) and its correction in a form of wave (ii) have formed by now. The latter has a shape of an irregular plane. If this assumption is correct and the price does not break the critical level 1.5167, it's logical to expect the pair to rise to a level of 1.5700 within an impetus forming in the first wave of senior level i of C.
Buy above the level of 1.5167 with a target at 1.5700.
Breakout and consolidation below the level of 1.5167 will allow the pair to continue declining to a level of 1.5040.Publication source