short term
hourly chart
bullish count
![](//www.dukascopy.com/imageserver/img/2eca8f0baa4e905c2fa9fc91eec6e531/500_2/image.jpg)
The top 109,395 was the end of wave iii, and wave iv must end around 108,30-108,60.
Targets for wave v are above 110 price level.
hourly chart
bullish count
![](http://www.dukascopy.com/imageserver/img/2eca8f0baa4e905c2fa9fc91eec6e531/500_2/image.jpg)
The top 109,395 was the end of wave iii, and wave iv must end around 108,30-108,60.
Targets for wave v are above 110 price level.