A classic chartist and/or EW would sight an ending diagonal, followed by a bearish three drives pattern, the third peak being (at a glance) at c.78.6% retrace territory.
This being - at a minimum - a corrective (C) wave seem quite a persuasive view.
If it turns out to be something more substantial I will let PA dictate. See FXCM U$ chart too.
This being - at a minimum - a corrective (C) wave seem quite a persuasive view.
If it turns out to be something more substantial I will let PA dictate. See FXCM U$ chart too.
