- Catch up post. Trade done while I was away, GTC sell order filled on 12Aug15 in the midst of the China shock devaluation saga. [Actually was not that big a surprise to me given in the last year, EUR/USD has weakened from 1.40 to 1.10, and USD/JPY has gone from 100 to 125. How can China not be affected in the face of such massive strengthening in the RMB].
- Weekly : Waiting for support line around 98.57 to give way. Clear that prices above 98.70-ish unsustainable.
- Daily : Same conclusion as weekly. 98.575 break would be signal for bigger downside.
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