The top for the wave b (green) seems to be in place, so now it is time for a further decline below the intraday support at the level of 122.56. If the corrective cycle is going to unfold as a simple abc correction, this should be the last wave of the corrective progression to the downside. Otherwise, the corrective cycle might get more complex and time-consuming and evolve into a pattern like a triangle. Support/Resistance: 124.43 - WR1 124.07 - Intraday Resistance 123.01 - Weekly Pivot 122.56 - Intraday Support 121.93 - WS1 120.52 - WS2
