i post this scenario as an alternative to my last chart and at the same time i say that i would favor such a development break and close above 1.15676 opens the possibility for higher prices... direction B
note: that could be technical counter-reaction, that shapes wave 4 of the 5. for continued bullish development we need confirmation... break and close on daily basis above 1.1628 (out of the red cloud)
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1.15575 reached next 1.1605
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also possible september short
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here the plan B: ----- this scenario comes into question, if the last 3 months of this year, continue the bearish trend.