It's just a Ta move really from 2.23 resistance. It double topped at about that area as you can see on the chart, we all know what the H1 results will be in an approximate sense so no surprises there and its 3 weeks away. Short term support around 2.09 where the last low swing was about 5 days ago which we have breached today, so far. I'm not thinking a big leg down at this stage but $2 is not out of the question and a 10% fall makes me some money, even a 5% fall in a few days makes me money. I'm not a big fish, just trading the weakness here and the uncertainty of doing business with China.
Chart update, page-43
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