The wedge's resistance breakout signaled the
end of the correction, and the market gave us
permission to test the 2378 level and obtain a
nearly 700-pip impulse once the price was
fixed above 2300.

The market is still positive right now. The dollar
index's decline combined with a positive
fundamental and technical environment keep
buyers motivated. Following the 2378 local high,
a correction and stop are formed. The price
may test to 2345-2335 and then continue to
rise.