DislikedIf GU breaks 6290 and stays below it then it is not going back up, 6320 is ruled out now
but if it does go to 6320 then all shorts are ruled out automaticallyIgnored
No, I don't think that's correct. This thing has broken 21EMA on the daily for the first time in months. No question about it, its heading down, but I would not rule out moving up a bit. As long as we are below 1.6430 short. Above it stay way to short it higher. 1.6320 can be broken easily and it would not violate the down move. Asia is just noise on this currency. Looking to short anywhere from 1.6310-1.6420.