Monday our call was for a corrective bounce from a strong support zone…that correction has taken place via asideways, a-b-c range. Now that wave-4 is complete a wave-5 sell-off is expected to unfold in to ECB. The sell-offneed only carry Euro to or just below the 1.3442 level to complete a larger decline from the 10/29 high.S/t, resistance is now the 1.3532 high where wave-a=c. Wave-5 of (3) can find support at the July up channelwhich aligns with recent lows near 1.3440. Once this final leg lower completes, a deeper upward correction canunfold encouraged possibly by ECB tomorrow morning. Look for a drift lower towards 1.3442 today.Levels: Support – 1.3448, 1.3442, 1.3416 Resistance – 1.3535, 1.3567, 1.3573
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