Correction: Zigzag. Dont pay attention to the labelling except the A-B-C in dark brown.
Looking to revisit 6000-5000 region to retest the support and create Double Bottom.
Corection has been completed, it will go down to 1.230 IMO.
The explanation is on the chart. It is based on Fibonacci ratios and three wave structures.
It has string inclination to go south.