according to the analysis the pair is in a corrective wave. wave (A) formed a leading diagonal while wave (B) formed an expandable flat. In wave (C) , wave 1 and wave 2 have already formed. if the pair breaks above the level 1.21790 area( also around 50% fib level from the high of 12th Dec 19 to the low of 18th march 20). the pair could gain to the level of 1.27300