That first support level I mentioned held up at 145.64. Now, it is clearly range bound, has been for the past 16 hours. Somethings got to give. At least we hope. Watch for a break above 147, could run pretty well as it has been in an uptrend the past few days. Notice how the 146.90 area has been hit 4 times. Usually, when you see this pattern, it doesn't hold. You can liken it to a battering ram. After a few hits, the door will open. Trendline has held steady the past few days too. Wish I would have taken a buy at 139! Welcome to FOREX! Take care folks and have a great weekend.
Tatton, where are you?
Tatton, where are you?