Price suggest that it has made 3 waves correction ABC from the low of 20th august. Wave (A) of (X) ended at the peak of 1.3746 and wave (B) of (X) ended at the low of 1.3679 with internal structure formed as Flat Correction. Wave (C) of (X) suggested ended at peak of 1.3890 with 4hr candlestick formed as Bearish Engulf and hourly candlestick as Three Black Crows.
Price is expected to continue its downward movement to complete Wave (Y) towards 1.3300
Price is expected to continue its downward movement to complete Wave (Y) towards 1.3300