My preferred count still point for a powerful rally higher soon in wave 3. However, it seems as we are buliding a series of waves one's and two's, but once the series of wave three's takes over the rally should be very powerful.
For this very bullish count to remain the preferred count important support at 1.6456 needs to protect the downside. Any break below 1.6456 will delay the expected upside pressure for a deeper correction towards 1.6370 before renewed upside pressure should be expected.
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