Published March 18th, 2008 - 08:37 GMT Al Bawaba As long as the declines are in 5 waves and the advances are in 3 waves, there is no reason to fade the downtrend. Price should come under .9710 soon. The bearish line in the sand is 1.0197. LatestPopular Trump questions China–Iran alignment after U.S. seizes suspected missile-linked cargo ship Carney overhauls U.S. advisory council Merz admits strained ties with Trump, urges pragmatic transatlantic engagement 150 dead as unseasonal rains trigger floods and landslides in India and Nepal Trump says a 'great deal' with Iran will end the war Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news