Commentary: Expect a top and reversal in the 2.0069-2.0166 area. This area is the 38.2%-50% level of 2.0576-1.9755. The rally from 1.9755 should complete wave iv of C within the A-B-C correction from 2.1160. We will be looking for a significant bottom to form in the 1.9500 area.
Strategy: Bearish, against 2.0195, target 1.9530
Al Bawaba
