Remember when i was screamning short this pair?...well i did but like most of you i took profit and was unable to get back in and all i could do was just watch this pair melt into oblivion.
The good news is ...we will continue melting...the bad news is...erm..well there isn't one..i am waiting to short this pair again after some kinda bounce...
My first zone is 1.1024 and my second zone is 1.1170...That's the two zones i'm looking to short this again but don't hold your breath...this baby is so bearish it may just carry on down...take one look at the stoch's..they can bearly get outta oversold levels which generally means strong contiuned bearishness.
Happy Pippin
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