Kuchai is quite well behaved. It is forming its sub-wave viii at this moment. It may drop back to 1.05 level before starting its sub-wave ix. For 'Double-Bottom' formation, theoretically its has a minimum target of 1.40. However, the path it will take to reach the target may be affected by the coming 13th General Election. I expect the overall market to drift lower until the election day.
Lighter Moment
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