forexlive mentions price was bid by local buyers on that spike down, it was pretty apparent for anyone watching in real time, sellers ran into demand big time.
Only a break of yesterdays range will get me interested in adding meaningful sized positions. For now still holding the same speculative shorts as before, moving stops to the dotted blue line I posted above to reduce risk to 0. Patience, we were talking about this the other day, contra shorts
For shorts, demand is obviously still on the table but since it supposed to be "local" who knows if it will last once Europe gets running.
Only a break of yesterdays range will get me interested in adding meaningful sized positions. For now still holding the same speculative shorts as before, moving stops to the dotted blue line I posted above to reduce risk to 0. Patience, we were talking about this the other day, contra shorts
For shorts, demand is obviously still on the table but since it supposed to be "local" who knows if it will last once Europe gets running.