The rate rallied aggressively and retested the fifth warning line (wl5) of the ascending pitchfork, but failed to stay near this level and above the 50% retracement level. Another false breakout above the 50% retracement level will send the rate down again. However, it is still expected to retest the upper median line (uml) of the minor descending pitchfork. A larger increase will come only if the rate will make a valid breakout above the WL3.
