Structure on the daily is clear thus I maintain that a 3rd of a 3rd wave is down within the 5 wave decline from 1.60. Near term, an impulse may be complete from 1.3396. Fibonacci resistance is being tested now at 1.3078 and extends to 1.32; both levels are former resistance levels. There is also a potential resistance line not far from current price. The trend remains down against 1.34.
