Price has completed a corrective phase after the prior impulse structure with an ABC at 10/1/19. It then continued with a downside impulse which was held up by previous support zone at 1.12879, followed by by a zigzag correction for wave ii at 1.15167. Anticipating a price move towards 1.11151 for a wave iii, if price breaks below 1.14082.
ALTERNATE COUNT: If the above fails, anticipate a price move towards 1.16531 or 1.17041.