Following in true fashion this pair continues too respect the overall downward bias. The pair however shows a clear pattern of  range trading that is higher than the last.

 I dont trade this pair particularly, im just looking for the long that should occur one of these years.

Views: 212

Comment by genxtrader on October 26, 2012 at 3:59pm

Comment by genxtrader on October 26, 2012 at 4:02pm

  View of the daily

Comment by genxtrader on November 15, 2012 at 12:42pm

Comment by genxtrader on November 15, 2012 at 12:42pm

Comment by genxtrader on November 15, 2012 at 12:43pm

Comment by genxtrader on November 15, 2012 at 12:49pm

 Looks like a fairly legit breakout, but considering the history this pair has of reversing i will be keeping a close eye on the 80 price range,expecting a test of the break is prudent, but then again it might not look back either.

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