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seems to be intact. the mkt is still holding in the 70's. However, that could be a resistance point as well or you could argue that it is support for the next leg up?

O.k. I'm back.:D and guess what the mkt is still in the 70's.:eek:

Eur/Usd is starting to show some signs of running out of steam at the 1.2172 level. I might have a good possible shorting opp soon. I have to run out to the store so I will be back in about 20-30 minutes. Let's see what happens during that time?

Resistance 1.2196 Sell this failure 1.2200 Neutral Zone 1.2222 Buy this break :cool:

I'm to chicken to go long just yet. I'm not yet convienced that it will make it to 1.2196????:confused:

price is at 1.2165 looks like the mkt is tryna run up and test 1.2196?

It used to be that they would push the mkt in the opposite direction then they would either crash it down or run it up after any major announcement. Now it seems that the mkt don't move at all until after such announcement is made then they give a opposite reaction 1st then the mkt will move in...

If this mkt is to continue this current retracement off of the 1.1968 support low it will face heavy resistance at 1.2300. I don't believe that it will continue on its present course though I believe that it will probably crash below 1.2000 on the next leg down into the low 1.1900 range. But...