The 12h was not a higher close. PA likes 100 pips. A key level tested at 1045 was rejected. The 12h settled this close 100 pips from 1045, at 0953. The 12h had a chance to take 097x, it did not. It had a chance to take 1.0910, it did not. If pa finds itself below 1.0910, it can run South. But the 6h may stop it at 1.0894 ish. If pa finds itself above 1.0974 it can run. It has large R 1054. Since North is the recent trend, and pa closed above 1.0910 0955 and 0961. I lean that way. The 12h close between 1.0910 and 0974 is more neutral st. I may be...
{quote} Bull's foundation looked like a chance for a inverted "V". When bull's didnt take 1054+ to close 2023. Week wise the same with 1.1041. It makes 1.1041 a large R area. These are very large. Week wise pa may not run much more than 40 pips above 1041. Day wise maybe 20 above. Year wise maybe 160 pips above. 1.1041 area may be a tough future R. Judging by past like levels. 1.0610 could be another one. Pa missed its norm at 1.0406 last time. It may start the attraction again. That was a very unusual rise from 1.04 after the day death cross.
{quote} I had to close some near 0942.
