Yesterday a said in my long term count that ideally support at 0.8185 ideally would protect the downside, well so much for that support...
With the break below important short term support at 0.8185 we should see a continuation lower towards 0.8071, but at no point should we see a break below support at 0.8028 as a break below here will make wave c of the ending diagonal the smallest wave and that is not allowed under the Elliott Wave Principle.
Once the ending diagonal terminates we should expect a quick return to the start of the ending diagonal at 0.8585 and higher.
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