- Excitement of a couple of days ago subsided. Closed Aug10 at 0.8261 which was disappointing for long standing bears. The game of patience continues.
- Looks like 0.82/0.84 building up into an important range. Go with the break of either side, although of course my preference is to see it break the downside.
- Sitting already on a core short, one can afford to be patient and wait for the break. No need to rush into any hasty decision. [Unlike AUD/JPY where I would like to get short from square and feeling more than a hint of anxiety now. Still waiting for it to get near to the top of its triangle boundary to get short].
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