Didn't quite have the steam to make it to the .645 levels. Consolidation will likely occur between the white upper trend channel near .495 and the lower channel at .445. What I anticipate this week is plenty of dip buying opportunities for those who use the fib retracement to size.
Long term this is just consolidation for the upward trend continuance, I'll buy dips to add to my position.
@FlowersFor, the white channel it's been playing in on the weekly chart shows the lowest it is likely to go without breaking the trend is that .445 are. While a dip to .41 shouldn't shake longs either way. It's within the charting margin of error, however a break and hold below that would really indicate a break in overall upward trend on the weekly and the monthly charts.