Currently we are at 1.2887 after 5 waves to the upside. Looking for an a-b-c correction to finish and then a bounce to the target area at the resistance cluster (Resistance/R5) @ 1.3028-38. Bounce could be the .500 @ 1.2872 or the .618 Fibo @ 1.2840. The Average Trading range (ATR) is 78 pips.

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