I liked the way the months candle closed the bears are most definitely in charge at this point from my perspective. Price was rejected hard at 97 splitten the 50&61.8 on monthly fib. I will be lookin for a short entry at 96 if it will retrace a bit to start off the week, if you pull a fib on the day candle the 61.8 retrace is @ 96.16 and the monthly 38 fib is there too and a round number.This should be a good month I really dont see why this pair shouldnt drop a 1000pips here very soon everthing seems to be in place. I know some others here are long on this pair would love to see a chart and explanation as to why?Thats the beauty of an open forum to get different views. Shortin the hell out this pair should start summer real nicehttp://www.forexfactory.com/images/icons/icon6.gif
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