The channel movement got its upward resistance at 1.1660-70 level where EW 5 may complete and correction started.
Since EW 5 is compliting, a-b-c correction may be expected. Probable sale at 1.1662 Whereas buy again at correction A at 1.1539
Elliot wave correction started, initial target should be 1.1536 and secondary 1500 Happy selling
My previous analysis was 100% correct
EW ON LAST CORRECTION, EMA BROKEN RESISTANCE LEVEL TESTED
Hopefully at 1.1330 level there might be a reversal, just waiting for a reversal confirmation....untill then short.