Yesterday finished lower in the end, suggesting that a new daily downtrend has begun. It was a hard day yesterday for shorting the market though - it seemed to find support at around 1.4480 and was a bit more moody than usual.
There are no big announcements due in today, so there shouldn't be too many big suprises unless something major happens in the world.
If I was going to start trading over a period of days, rather than intraday, I'd probably go for a short once today has reached a high and shown signs of reversing back down. It seems more probable at this point that we're heading down to around 1.434 or below.
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