In my latest analysis on this pair I was a little bit pre-mature to call the start of downward movement. I think this pair has room to go to 1.52 area before turning sharply down.
In that area, we will have 2 distinct AB=CD patterns completed at the top of the corrective channel. The time window for this turning point is 1st of October.
Good luck,
Ali Sharif Azadeh, CFTe
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