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Correction (b) may be forming, first wave a or w may have taken the shape of a double three or extended wave. In the mid term the correction wave (b) of Y should continue forming. Price levels forecast and support/resistance levels are shown on the chart.

Second wave b or x of correction (b) may have taken the shape of a zigzag. If this true then it should end at the end of this week around 1.3250-1.3300. In the short term upward wave b or x of (b) should stop forming. Price levels forecast and support/resistance levels are shown on the chart.