or more short squeeze? .8100 is showing resistance.
at first I wanted to fade this move up but this could be a channel play
maybe Ben will give currency traders a short term direction.
I've only added the green up arrow beneath the supporting trend line. It will be interesting to see what will happen.
I'm taking short at 99.5 with a 20 pip stop. aiming for 98.30. very small position and will probably close before bernanke tomorrow, if not stopped already.
I'm taking short at 99.5 with a 20 pip stop. aiming for 98.30. very small position and will probably close before bernanke tomorrow, if not stopped already.