I would expect some consolidation/support around 1.50-1.55 but as always WAIT for the consolidation and get in when it breaks some resistance and is ABOVE a 30 week WMA. In this sort of market trying to pick bottoms is asking for trouble..............I did the maths in the last weeks with gold stocks (as did others here) with CRS at 60c and RBK at 34.etc.........but I didn't have the guts to trust my judgement on bounces and actually buy........regretting it now but that's how dangerous I reckon this sort of trading is ATM.
