At the D1 chart of the pair there is a version of marking of wave [iii] of Terminal Impulsion within wave [C] of Elongated Zigzag within the development of wave «{с} or {iii}» with a basic cycle of one week of market data optimization.

The events of the previous week have confirmed the rate’s entering into calculated zone of wave [iii] completion of Terminal Impulsion but in spite of the relatively dynamic bearish completion of the week within the last day of the week, we do not have grounds to assume a close completion of wave [C].
The existent situation with alternative variants of development allows to refer to the principles of “Reverse logic” of Glen Neely concerning the central stage of wave development. Nevertheless in these cases I assume a possibility that the existence of alternative variants can be the feature that these variants do not have any advantages before each other and that is why there is still no final variant of wave activity.
According to the current situation and taking into account the fact that coordination of long-term charts with lower charts is problematically now and without choosing the priority of the period there are two variants on the working chart with one week period of optimization.
The first variant is a basic one with a continuation of non-Standard Correction as I wrote before in the quality of the second figure, we assume many variants of Standard Figures. The sole feature is that the first mono-wave after wave-(X) I have marked with a wave of lower degree as wave-(a) but in case of development of Irregular Triangle with a big wave-(b) the order of mono-waves should be enlarged. On the other hand taking into account the considerably small amplitude of mono-wave’s development as well as its short period after wave-(X) I think it will be naturally to presume that figure of lower degree is now developing. Moreover there are no any confirmation of impulse character of wave (C) movement at D1 chart but taking into account the fact that each chart of any period of optimization has its sole structure and the coordination of the charts is possible (but not obligatory) only after the completion of figures at the bigger chart I have chosen this marking as the basic one with a temporal disregard of lower period.
The second alternative variant that has the confirmative features at the chart with a period of optimization equal to D1 is the development of Terminal Impulsion with an extension in the first wave. This variant is more logical except of some relevant calculations concerning the fact that for this type of Terminal wave (iii) cannot be corrected by wave (iv) on more than 61.8% with simultaneous necessity of overlap of (ii) and (iv) waves. The calculation of maximum correction concerning (iii) wave gives 1.475 that coincides with the final level of (i) wave like the overlap of (ii)/(iv) waves can be conventional. That is why it is possible that the maximal amplitude of wave (iv) cannot coincide with a real wave completion of this figure at the chart with a period of optimization of D1.

Taking into account the examined nuances for the planning of trading operations the critical level for realization of long positions will be the level 1.4750.
The fall below 1.461 has the key value that further planning of trading operations will bear only bearish character.

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