The bearish break this morning confirms that wave 3 (or c) within the 5 (or 3) wave bear cycle from 1.6018 is underway.
The initial bearish objective is at 1.5230 and risk can be moved to 1.5643. Near term resistance is at 1.5540.
The bearish break this morning confirms that wave 3 (or c) within the 5 (or 3) wave bear cycle from 1.6018 is underway.
The initial bearish objective is at 1.5230 and risk can be moved to 1.5643. Near term resistance is at 1.5540.