DislikedThank you for the kind words balanced2012, since the trend is still technically down for the daily, a retracement might not be to large in extent nor I would trade against it, however there is no closer support level than the 1.2740 spot depicted in the green horizontal line, that just in the case price breaks above the Outside Bar around 1.2523 and the trigger channel (5 SMA of lows and a 5 SMA of highs), CCI should be leaving the oversold area too in that case.
http://4.bp.blogspot.com/-EzVvHnFIC5...06-28+-+03.gif...Ignored
“Don't cry because it's over, smile because it happened.â€