There were a lot of buyers waiting around 1.434 yesterday, causing the day to end up near its opening price. We're on a daily downtrend but there's indecision.
We've got the Fed Reserve Chairman speaking today - that sometimes makes things move.
But which way? Will it continue down and break the 1.434 support? Will it test the support and head back up to resistance at 1.466? Will it decide to go and have cheese and buscuits with it's Auntie Ethel, stay put, and forget about all this buying and selling for a few days? Who knows.
I will be watching the 15 minute chart hoping to catch the twists and turns, coz lets face it, she moves around like "a twisty-turny thing" (Sorry, BlackAdder II again...)
i would have bought here ... and put 25 % of money if it goes any further down i would have investet 25 % more to get the Gap
ReplyDelete