As from my previous forecast from the start of January it was expected to see a bigger correction in this pair. So far it is clear that wave A has completed and now we are in the process of completing wave B as well.
Any time from now the wave B can be completed. It may go up few more pips at worst.
Wave C should reach towards 120 121 levels from the data we have so far.
Any updates necessary will be posted later.
This is only for educational purposes only.