EUR/USD - We saw a slight break below support at 135.39, but no clear break, which has kept the correction higher from 133.61 alive. We need a break above 136.89 to confirm a continuation higher towards 137.88 - 138.27. before the correction ends. If we break above 136.89 we can conclude that wave - B was an expanded flat correction in a Zig-zag correction from 133.61.NB! Any break below 135.97 and more importantly 135.18 will turn us down hard again.
Gold - The minor break below 1,584.39 is not ideal, but it could just be part of an expanded flat wave 2 correction to the rally from 1,534.49 to 1,638.80. A break above 1,667.99 will confirm that scenario and call for a continuation towards 1,702.However any break below 1,582.79 will turn us back towards important support at 1,500.
Crude Oil - Expect resistance at 82.69 to protect the upside for a break below 79.65, which will accelerate the decline towards 77.18 and further down towards my target area near 72.
Crude Oil - Expect resistance at 82.69 to protect the upside for a break below 79.65, which will accelerate the decline towards 77.18 and further down towards my target area near 72.
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