As you can see in chart Prior wave 3rd and 5th are equal in length and current rejection from 1.3930 is 61.8 projection of prior wave So
As long as it is offering support I would still expect a break above minor resistance 1.4126 and 1.4431 for a move towards 1.4750 which will
be 50% of the expansion But when the bear rally is strong then we must accept what is here to offer and a break below 1.3930 will proove that
deeper correction towards possible 1.3430 is unfolding where we will see the bottom of wave 2 of one larger degree
Regards
Check the chart