Look at the
$FIL man... everybody stopped talking about it and that’s usually when things get interesting.
It’s been a rough ride down from the 1.70s but look at how it’s crawling sideways now. We finally found some floors around 0.930 after that nasty dip.
The volume is pretty mid right now so don't expect a moon mission today. We are basically stuck in a tight range.
If it can actually hold this level and clear 1.03, we might see a decent relief rally. But if it loses 0.971, we're probably heading back to test those February lows.
Just watching for a breakout of this chop for now.
#GateL