DislikedI'm wondering if the technicals apply to a manipulated market, or perhaps, they need to be applied differently.
My feel is that, if I had deep pockets and lots of buddies with the same, this would be a great place for a short squeeze...Ignored
They'll demand an "orderly" drop, but only to the point that it will benefit their member banks.
If Greece left the EUR and the EURUSD rose, the CB's would sell it down to where they wanted it to be.
They're the new GS. Be on the same side they're on, or get steam rolled.
The mind thinks, the heart knows...