A drop below 1.0307 would complete 5 waves down from 1.1033. This completes wave 3 within the 5 wave bear cycle from 1.1105. A shallow 4th wave correction is then expected.
Resistance should be strong near 1.0420.
A drop below 1.0307 would complete 5 waves down from 1.1033. This completes wave 3 within the 5 wave bear cycle from 1.1105. A shallow 4th wave correction is then expected.
Resistance should be strong near 1.0420.