An upward trend is strong. Correctional fall is expected.
Assumingly, a development of the third wave of the junior level iii of 3 is finished. Locally, a fall within the fourth wave towards 0.9600, 0.9540 is expected. If the assumption is correct, expect the fall in the pair after the breakdown of the level of 0.9809. Otherwise, an extension in the third wave is going to form and the pair continues growing towards 1.000.
Trading tips
Sell the pair after the breakdown of the level of 0.9809 with targets at 0.9600, 0.9540.