Just a quick Little update on this major cross.
Short term we should see a move lower towards 1.2719, where we will end wave i of 3, this should be followed by a wave ii correction to 1.2998 (or a Little lower would be ideal) and the acceleration to the downside in wave iii of 3 down to at least 1.2295 or more likely lower to 1.1704.
That said we should be aware of the mounting downside pressure that could/will emerge, when we break below the triangle support-line near 1.2040.
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