After the currency pair failed at 61,8 % retaracement, it continued its decline... it seems that 5 waves down have already formed and now a small retracement will take place... probably when this finishes the decline will accelerate (especially after it breaks 1.3585 support) towards midterm target of 1,3225 area where w.3 = 1,618 of w.1 or even towards 1,3150 where the head and shoulders (better visible in H1 chart) target lies...
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