Dislikedif it does hit down, support will bounce off at 1.3830.... or maybe not. where ahave you taken a short position? or are you patiently waiting to take a long position in couple minutes?Ignored
But what I do believe is that the daily low will be broken and maybe a lot more to go, so no I am not looking to go long unless strong support is shown and I mean strong.
And if I am right and it goes much lower the last thing I will be doing is looking for a place to go long. Take a look at a daily chart. Regardless of what was mentioned earlier I see no support till 1.30xx area.
Flip side - if the break is to the upside 1.45x is within easy reach.
My bias, right now, is down though.