The break of 0.9870 has pushed us below the long term 2011/2012 trend line. Having tried and failed yesterday to commit to a break this move looks to have legs.
As per usual my timing is rubbish and I would have liked to sell it at around 0.9860 for the break. I’m going to hope that we get a small bounce off the lows here and get a sell in around 0.9850 with a stop at 0.9920
More to follow…