{quote} If you are talking about 1.0787 I think it is a very important support. PA may clear orders below it tough so I expect daily S3 to be tested and then - if it happens - the reversal for today. I will not be shorting here at these levels -1.0860s - , too risky and I have a bullish bias.
Basically price is just dancing around 38,2 and 23,6 areas for weeks now and they've been good for day trading so far. In my opinion this move (Marios erection) is a retracement from a big weekly down move, but it's just been going on too long already and looks like its losing its power. And there's a double bottom on monthly of course... to be honest I don't know what to think. We've tried breaking 38,2 more than 23,6 so maybe there's more buying power?
