Since that multi-year buy sequence peaked just below the 0.618 level, we assume the current wave will also reach at least its 0.618 Fib point, and we've set a Target Zone for that at 162.000 - 168.000. Notice also how every low since September 2011 is connected by a straight line that offers Higher Low Support. This indicates that on the long term there are willing buyers who defend this certain level and create a strong .
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