On cable we can
count five waves up in wave A) from 1.5000 psychological level which means that
temporary high for this pair could be near if we consider that after every five
waves correction follows. With that said, a coming corrective retracement would
be red wave B) that is part of an incomplete second zig-zag in wave II. If we
get lower levels for wave B) then watch for a bounce/support zone at
1.5480/1.5550.
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