Published March 3rd, 2008 - 08:29 GMT Al Bawaba A drop below 1.0307 would complete 5 waves down from 1.1033. This completes wave 3 within the 5 wave bear cycle from 1.1105. A shallow 4th wave correction is then expected. Resistance should be strong near 1.0420. LatestPopular US forces strike vessel attempting to breach Iran port blockade Massive fire engulfs pallet company in Holland’s Lelystad Six killed, 10 injured in Houthi missile strike on commercial ship in Bab al-Mandab 15 killed, 32 injured as workers’ pickup truck overturns in Egypt Haftar intel chief assassinated in car bomb Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news