recent divergence of both MACD and RSI suggest we are into the corrective phase. In the ST it appears we are in the III wave of the a correction. Can see this topping out close to the 1.2983 level or the higher 1.3035 level. From there the corrective B wave and C wave should follow. The c wave should see a retrenchment to either 1.3035 or 1.3133