According to the chart attached, you would see that a clear labelling shows that in the long term, the currency has still not completed its upward wave C correctional movement. Wave 3 of C has completed, a wave which actually subdivided into smaller complete 5 waves was seen.
Presently we are expecting the currency to retrace downward so as to complete the 4th correctional wave of C before we resume the downward trend on this currency.
We would advise a sell position for now. Unless the previous high is breached.