Technicals *Testing two strong price support lines, and also the 50% retracement level and stalling. *Indicators are way over sold. *The major forex pairs you can see the majority of them at extreme conditions. The most extreme being the Eur/Usd testing resistance that has held the pair since the 2008 crash! * If you are a position trader this must be heavenly time for you. So many major pairs about to do a long term reversal.