The exchange rate builds the second wave structure of ABC Correction. The peak of the second wave is 1,1500 levels. Since the correction was made after a third wave, with the difference that it started from a half wave, it is expected that the remaining half wave would be built up. If the theory is correct, then the exchange rate from around the 1,1512 level could be a further downward correction of full wave structure. Its target price is 1.1203 levels.