We continue to look for a move closer to resistance at 133.15 to complete wave ii and set the stage for a strong decline in wave iii towards 128.36.
A clear break below support at 131.60 will confirm that wave (E) is developing towards the ideal target seen at 123.43.
Our stop at 132.30 was hit for a small profit of 29 pips. We will sell EUR at 133.10
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