19-11-2010, 01:45 PM
(This post was last modified: 19-11-2010, 01:46 PM by mrEngineer.)
Although I am not entirely a TA person but if you look at the previous correction that occured around in Oct where prices revert back to 30d MA, it bounced back. This time, if prices cross 1.38 level, it may signal a collapse. If not, we may be expecting a big rebound.