3M recently broke below the support area lying between the key support level 171.30 (former resistance from December), support trendline of the daily up channel from October and the 50% Fibonacci correction of the previous upward impulse (i).
The breakout of this support area accelerated the active short-term impulse wave (c).
3M is likely to fall further toward the next support level 162.65 (low of the previous ABC correction B from December).
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