Maybe some fingers will get burnt!
Wake me if we get to 1.2 will you...Ignored
DislikedTechnically speaking 1.2 is below fibo 23.6% line (High 1.39928 Low 1.14587). The 23.6% will be the first target if there is retracement. 1.2 is a very high possibility IF there is a retracement.
Question is whether there will be a retracement. On probability basis, it is more likely at current level because the downside 'surprises' (ECB QE, FED rate hike) have been exhausted and what left is the upside 'surprises'.Ignored
Dislikedyou might be right... but after what happened with the SNB ...and at present do you sense anyone is going to risk buying up to there?Ignored