Still correcting.

I thought the correction was over but clearly it wasn't based on the long move Thur night. Here is the most likely movement for Sunday. I expect it to move short to somewhere near 1.5956. Once in this area you should look for a place to go long. The min target ending zone for the long is likely to be between 1.6240 and 1.6300. It is quite possible it could go further than that but that is my min target. Once the long is over I expect it to resume the short move to eventually make a new low below 1.5706 over the next few days. That is my primary scenario. We will see how it plays out and adjust from there.