A rally through 1.5594 would negate the bearish bias and trigger the alternate count (in red).
Price has stalled at a resisting trendline that dates to the 1.6018 top but the rally from 1.5283 can be counted as a 5 wave advance and the decline from 1.5488 can be counted as a 3. A rally through 1.5488 warrants a bullish bias.
STRATEGY: Flip (from bear to bull) above 1.5488, against 1.5283, target TBD