Daily Chart with Trend lines
Daily Chart with Ichimoku
On the Daily Chart with trendline and EW, we do observe that the wave #5 (near Wave C) may have been completed already ( part of B waves), as such, it may be ready to descend from here to its immediate support near 0.9140 (61.8% Fibo Retr), follows by 0.8950 (38.2% Fibo Retr), then 0.8634 (0.00% Fibo Retr).
On the Daily Chart with Ichimoku, breaking the Resistance 3 at 0.9426 may lift this currency pair further Up near 0.9470 (Its recent high), and the next possible high near 0.9650 cannot be discarded.
However, on the downside, dropping below 0.9150 (61.8% Fibo Retr) may expose 0.8950, which is also near the Ichimoku Top Cloud Support., Below this level will expect next support at 0.8650 (Ichimoku Bottom Cloud Support).
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