Comments on the chart
Comment:
Price rose today and the underside of the breakdown point is now being tested. This is an expected price action. What I am looking for from here is a move down. A move above 1.0902 would negate this idea
Comment:
Price fell today but is in a holding pattern below the broken downtrend line. Support is at 1.0780 but I am expecting it to give way
Comment:
The said Support level has been broken
Comment:
Nice move down today confirming the break of support yesterday. I am looking lower still
Comment:
Price moved up Friday but lost all the gains by the end of the day to close flat. Still bearish
Comment:
price fell today but bounced off local support (look left}. I am still bearish but I will allow for some retracement which may or may not happen