First, it crossed below a weekly breakout, second, below the weekly target fibo 61.8.
Any up move until the weekly impulse base is just a correction of the last weekly wave down.
The next weekly levels are all targets, but 0.91100 is, in my opinion, keeps getting more chance to be reached.
WHAT DO YOU THINK?
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
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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.