After the impulsive bearish move as expected and breaking the important 1.40072 support zone, market is now in a over-extended condition so I except a retracement move to the broken support and if bears could successfully manage to protect that area another bearish impulse and short opportunity would be expected.
Note
It seems the correction is over
Trade closed: target reached
First target is reached, if the bearish momentum continues prices can potentially drop to 1.386 and eventually 1.382.
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