m looking to sell this pair once I see a clear break of the channel. Overall, this seems to be a WXY correction, and the Y leg is forming. On the 4 hour, I think, the correction seems complete as it slightly touched the 1.272 extension , but I wont enter the trade before I see a clear break of the channel. Sometimes it can be an extended corrective wave. My target will be 0.67485, about 450 pips.