RE: Whats going on..20 Jul 2016 23:25
Well to me on a basic level there looks to be previous high support at 1.30ish which is also where the 50 day moving average is, so we could well bounce from that level, keeping us well on this bull run. Rsi currently 46 and we haven't been below 45 since back in Feb.
Like you say chats, this is long term - small movements here and there are of no concern to me! If we drift lower on no news people wlll soon pile in as anything in the 1-1.3p region would be an absolute gift IMO.