I was looking for the bounce from the X wave lows but I was only looking for 3 waves up before lower again as I was thinking the X wave was still in progress. The big picture was still higher, I just didn't think it would be until after the 1st of the new year.
As of now I have this labeled as a WXY but could just as easily be labeled as an impulse with the current circle A being part of the 3rd wave.
If the pair continues to the .7083 area and consolidates with no real pullback then I would go with the impulse and continued move higher in a series of 4th and 5th waves.
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