Sorry for not having any Elliott wave count on this chart.The rally from 92.80 to 97.07 was wave i of 1 and we are now looking at wave ii down. There are two strong supports, which is worth looking at. The first is near 95.35 and the next is near 95. I do think that support near 95 is the most likely target for this correction.
From a time aspect the bottom is most likely in the early trading hours of the North American trading monday, but we might already see a bottom in late trading hours of the North American trading secession today.
When the correction is done the next rally should take us up to at least 99.24.
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