On the monthly chart we have a bearish trend. Presently on the monthly charts we have a bullish correction seeking to clear a previous unmitigated zone. On the weekly charts we saw a brief bearish correction that settled around the weekly demand. From this weekly demand, we have a bullish correction seeking to correct and eliminate disequilibrium between 1.29 and 1.34. Presently we are staying out of this pair until we have a clear sign of continuation or reversals.