Wave ii of 3 is very close to terminate. We have seen this wave ii break slightly above the minor target at 1.3639, but we should expect a top close to 1.3650 for a break below minor support at 1.3609 being the first good indication, that wave iii of 3 is developing for a decline towards at least 1.3215 and possibly even lower.
Short term a break below support at 1.3552 confirms that wave iii of 3 is developing.
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