Sits at 1.6172, exactly where it was when I arrived.
Given that we didn’t soar above 1.6200 yesterday after reports of “good names” buying circa 1.6195/00, I’m officially upgrading myself from a “mediocre name” to a “jolly decent name”
If you weren’t reading the product yesterday morning you won’t have a clue what I’m jabbering on about. Even if you were reading it, you still might be a little confused
Right, yesterday we had reports of buy stops gathered up in 1.6210/20 area. Guess they’re still there, although as yet I don’t have confirmation.
On downside I’d hazard a guess trailing sell stops most probably through 1.6140 (again no concrete confirmation) 1.6142 is the 50% fibbo retracement of 1.6076-1.6208 rally.