Price moves in 3 phases, impulse, correction, impulse, I think we are now in the impulsive phase which started on the 3rd touch and been holding this sell from the top and will continue doing so until the bottom, 90% rule. Looking at the USDOLLAR Index chart, my forecast on that is that we will witness USD weakness for a few weeks to come and that is a major confluence and in line with my analysis. I hope this makes sense and you like the idea.