Friday’s slippage beneath the 1.0489 midpoint support shown was not sufficient for us to infer that a washout to its D sibling at 1.0282 is a done deal. However, if the futures were to close beneath p today, it would shorten the odds of a follow-through to the lower number. More immediately, the June contract ended last week on a faintly bullish note with an impulse leg that pointed to 1.0518 (5-min, a=1.0488 at 4:05 p.m. EDT). The pattern would be suitable for getting long if a new, slightly lower, point C than the existing one at 1.0498 is generated. _______ UPDATE (March 17, 12:55 a.m.): The futures have taken a tentative bounce from 1.0473, exactly 0.0016 below the Hidden Pivot support noted above. Some subscribers reported getting aboard, but if you still hold a long position please let me know so that I can establish a tracking position for your further guidance.