After the rapid rise of recent weeks, should be at 1.395 end for now. Looking at the sub-waves of the last movement, today's high could also have already ended the wave. For reasons of clarity, I have not drawn these with. There are two options afterwards; either the pair rushes massively into the depths towards 1.12 or we only see a correction into the area of 1.344 to form a high at 1.541 afterwards. Looking at the pair itself, I would prefer the path towards 1.12, from here it could even go further down, but looking at the dollar strength and taking into account the targets in the other pairs, the scenario presented here as ALT should come to pass.
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