imo 1.2196 will be defended today by weekly downtrend line and double peak as a resistance. Then the closer to Friday and Foreign Reserve with CPI data the greater chance to break it when data are positive.

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Seems to me that we are also struggling with weekly downtrend line. Let's play

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Thanks _BBKing_ Now i understand your plan. Cheers

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Seems double peak at 1.2196?

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...but do u see what could support a break today you mentioned? Just positive sentiment on the markets after yestredays PMI's or this is just ur wish?

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Would be nice but i'm affraid we all have to wait....Looong

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SIgurs...where are you? Some new predictions or ideas?

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