This could be more simple - just a zigzag wave (C) could be underway then. It could hit at least the 61.8% of (A) = 39.77 or just below the terminal point of wave (A). It can go deeper to hit 38.40 where (C) = (A). Watch reaction in blue box.
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it goes this map so here is an update we can reach even lower area of blue box between 36.90 and 32.90 as per 23.6% and 38.2% Fibonacci retracement levels accordingly. We can be only in wave 3 of (C)
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It goes with the current labeling as price almost touched (just few cents away) the blue box set in previous update, but it could be only wave 3 of (C). Another drop could appear in wave 5 down between 36.60 and 35.40. The invalidation is only above 40.10