We got a clear impulsive wave that ended at 1.0850.
Now should have started a down move that depending if previous impulse is wave A of Y or just a wave C will see different targets.
If it's a wave C then we should see an immpulsive wave making a new low.
If it's wave A then we'll see at least a 3 waves correction that should stop ideally at the 61.8% retracement level but not more than the 78.6% level.
If goes below that, we could see a new low but the wave count needs then to be reassessed.
Now should have started a down move that depending if previous impulse is wave A of Y or just a wave C will see different targets.
If it's a wave C then we should see an immpulsive wave making a new low.
If it's wave A then we'll see at least a 3 waves correction that should stop ideally at the 61.8% retracement level but not more than the 78.6% level.
If goes below that, we could see a new low but the wave count needs then to be reassessed.
Note
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Note
Price continues to go lower nicely. But beware as we could see support around 1.0640. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.