On the monthly chart of the currency pair marks the completion of 4 waves according to the wave theory. There is a 5 - the latest wave of fall.
- –Monthly Chart
On the weekly chart of the currency pair for the duration of ABC zigzag can only be one of the waves of wave 4, and perhaps the entire wave. Then a wave of growth can be completed from the current position, and maybe a little more extended. In the near future more promising are risen fall of the currency pair.
2.- Weekly Chart…