I am happy to announce that the short trade I had proposed when the price was at 99.70 has completed and it is currently at the 61.8 Fib Support. 30 pips away is the Lower border of the smaller . I expect some pull back from this level before we can arrive at any further entry. But I do not advice on a long entry based on the smaller support at this point.
The short trade has earned an awesome 370 pips and I think its time we took a break from this currency pair and look at other pairs with different set ups.
Happy trading and happy pippin!