My Elliott Wave analysis suggests this pair is on the bring of a major move downwards.
Expecting a false breakout above the upper end of the triangle, but it is important that it does not pass the top marked "c"
Following a false breakout, the pair should reverse sharply to take out the bottom of the triangle and continue substantially lower over the next year or two
Expecting a false breakout above the upper end of the triangle, but it is important that it does not pass the top marked "c"
Following a false breakout, the pair should reverse sharply to take out the bottom of the triangle and continue substantially lower over the next year or two