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The contract is now riding on a wave "A", as part of a triple-zigzag pattern within a falling channel, and the lower channel line is pointing to $2.20, a fall below which will extend to $2.15. A rebound from the current level is likely to be capped at $2.3070. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.