Watching for evidences wave (iv) ended 1.44. Price bounced nice into the median line of the channel. I will post intraday counts soon. Hit the like button if you like my analysis and follow me for future updates! Good luck!
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Price action still favor a move to the downside aiming for next support zone formed by 0.5 fib retracement and equality between wave a and c. Below 1.75 we allow to unfold wave v of c of (iv). Also oscillators starts diverging and signal a possible shift to the upside soon.
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Watching for evidences wave (iv) ended 1.22 right into 0.5 fib retracement and equality between waves a and c.
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Above 1.10 and clearing mid line of decelerating channel we are looking to complete wave (v) of ((iii)) with possible target 1.618 fib extension aiming above 8 USD.