We've already broken yesterday's low of $92,724 and that triggered some additional stops in the past few minutes. These are the lows of the year so far but I wouldn't expect any big stops until the Dec 30 low of $91,262 is breached, if not the $90K level.
If those go, you could argue there is something of a messy head-and-shoulders pattern that targets $78K.
This article was written by Adam Button at www.forexlive.com. Read More Details
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