finally..my first trade in the last 14 hours. as we can all probably see we have been ranging between 1.2535 (temporary support) and 1.2565 (very strong s/r level). Last few hours we have made yet another run from the low of the range to the high and actually broke to the upside. Still...there was no momentum from what i saw so i picked up a short. I have decided to keep this position open until i get stopped out or we break south of 1.2500 as i think this will happen before the week is over. No risk really..only half a position that i may add onto later if pa does head south. The following chart shows only one thing..the R/S areas we have witnessed recently and the current range we are in
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