We continue to look for a deeper correction in wave B and continue to expect a decline closer to 122.94 and ideally closer to 122.33 before we will start to look for renewed upside pressure.
Short term, a break below minor support seen at 124.06 will indicate more downside to 123.45 and 122.94 on the way towards the ideal target near 122.33.
We will be looking for a new buying opportunity near 122.33
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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