The pair has reached it's target area of USD 1.2030 levels which I have projected 2 weeks back and now expecting it to turn down. Although the pair still has potential of retesting the prior swing high of USD 1.2090. Now crucial level to watch out for is USD 1.2090 where wave(b) is likely to conclude and turn down for wave (c).
An early sustained break above USD 1.2090 shall continue to push the prices further higher towards USD 1.24 levels hence has to be carefully watched.
An early sustained break above USD 1.2090 shall continue to push the prices further higher towards USD 1.24 levels hence has to be carefully watched.
