1305 is crucial here, if we break that convincingly, it will open much larger downside upto like 1290 or so.
Btw, I am short at 1312.5, stop at 1314.5. Was too disappointed to post it in real-time. Am down 1000 bucks on a bad euro trade today, when I could have been up 1500 on that. Just a bad decision caused a very good trade to become a very bad. Thats trading for you!
Picaso - yes, you have been missed!