antistar, I said in my last charting post that I predicted 1PG would drift down to the low 1.70s then bounce. We did just that and now in the low 1.90s. The only thing worrying me at the moment (and there always seems to be something to worry about) is macro events concerning Greece and maybe China. That has the potential to spoil the party for everything......but macros aside I can see no reason why 1PG wouldn't start grinding upwards slowly towards new highs.
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