Guppy Update 1
My analysis has not changed as posted 3 weeks ago. The chart is still in play and I am waiting for price to touch the 238 region. This will be valid so long as 227 holds (which is the recent registered low). Eventual target is the 221 region whether that occurs by touching 238 or breaking 227. I am still favouring a touch in the 238 region to gather more bears as the resistance at 235 was not strong enough to break the support at 227.
Original charts attached as posted 3 weeks earlier - these are short term charts so normally take days/weeks to complete. Links are here
http://www.forexfactory.com/showthre...87#post1560987
http://www.forexfactory.com/showthre...76#post1565976
My analysis has not changed as posted 3 weeks ago. The chart is still in play and I am waiting for price to touch the 238 region. This will be valid so long as 227 holds (which is the recent registered low). Eventual target is the 221 region whether that occurs by touching 238 or breaking 227. I am still favouring a touch in the 238 region to gather more bears as the resistance at 235 was not strong enough to break the support at 227.
Original charts attached as posted 3 weeks earlier - these are short term charts so normally take days/weeks to complete. Links are here
http://www.forexfactory.com/showthre...87#post1560987
http://www.forexfactory.com/showthre...76#post1565976