Oppression will continue, eventually this let will continue down towards 1.423%; the target for wave 3. We would have to break higher than 2.02% to question whether the nature of this downside move remains intact.

There is a lot of support as we widely tracked here in advance. The bounce over the past few weeks is a corrective process that should not exceed the 38.2%.

Continue adding units to the downside in 'cheap areas' eventually targeting 1.423%.
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