Once support at 101.80 gave away we saw the expected acceleration lower. Short term expect resistance in the 101.60 - 101.70 area for the next decline towards the ideal target for green wave iii at 100.22, but longer term I'm looking for a move lower towards at least 98.36 and more likely even lower towards the 38.2% corrective target at 94.00, which also marks the bottom of wave 4 of one lessor degree.
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