The pair broke above the high of wave w and signal that the price should keep moving higher. At current level wave Y would equal wave w and possibly mark the end of it. I am more of the view that wave Y has more upside potential up to the 1.3390 - 1.3650 area ! In that area, wave Y would equal 1.618 wave W at 1.3390, hit the previous 4th wave area and fill an open gap at 1.3650 !! I will wait for a pull back in the 1.2550 - 1.2680 area before buying this pair !! Good luck
