DislikedHere's what I see ... rejection of price over and over again. After the initial sell off on August 4th, price was rejected at the 77.50 level several times, resulting in a drop lower to the low 76's. It now has tried numerous times to take out 77.00, so far without result ... again rejection of price.
Based on the above it wouldn't surprise me to see a drop below 76.00, unless someone steps in and says 'enough is enough' ! So yes, I think that intervention is, under current constellation, the only way this pair will move up considerably whilst...Ignored
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Patience, Emotion Control and Discipline.
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I don't trust any move - when you have profit...take it.
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Former Trader Of the Year of the 95% losing club!
Retired
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If there was easy money lying around,no one would be forcing it into your
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Observation is the path to discovery.
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Observation is the path to discovery.
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If there was easy money lying around,no one would be forcing it into your
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Observation is the path to discovery.
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Don't be a hero. Don't have an ego. Always question yourself
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Not understand?better not follow my analyses!doubt clearer first, risks ++