This bearish move down is most likely just a bearish retracement -- leaving further upward room for a second bullish move to the 50% Fibonacci level of around 1.3068 to form. Stay cautious and watch for fake-outs, though. :D
Comments
Mennzz
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I think this could be a huge bear instead of a bull. Keep a sharp eye on the lookout.
LevRidge
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;D yea boyyyyyyyyyyyy
LevRidge
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I got 1.3336 tho ... ;\
Mennzz
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Hehe! Yea, me too! Though I'm taking it easy... for now... :)