Support at 134.58 protected the downside yesterday and thereby told us, that wave (ii) wasn't over and possibly still need to rally towards important resistance at 136.24. We have seen 136.08 tested till now and as long as 135.34 and more importantly 135.16 protects the downside we might still see a fullscale test of resistance at 136.24.A break below 135.16 would be a signal that wave (ii) is over, but still we need a break below 134.38 to confirm that wave (iii) is in work.
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