We are treating the decline from .9470 (which may have been a truncation) as a series of 1st and 2nd waves.
This bearish count remains valid as long as price is below .9353.It is also possible that the .9496-.8952 decline and .8952-.9344 rally are waves A and B in a larger correction.Either way, we remain bearish as long as price is below .9344.
