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It is likely that correction [x] of Y continues forming and may have taken the shape of an expanded wave with the final wave (c) in the form of a diagonal triangle.
In the mid term a diagonal triangle (c) of [x] should continue forming. Price levels forecast and support/resistance levels are shown on the chart.
It is likely that an upward correction iv is a double three or extended wave. If this is true then wave iv should end at the end of the week around 1.95-1.96.
In the short term the upward correction iv of (c) should continue forming. Price levels forecast and support/resistance levels are shown on the chart.
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