mitta you scared me lol, read your post and thought geez couple of weeks since I checked the chart. Seems 1.50 ish might be support and the mov down might be coming out of "knife catching" phase, however now comes the sideways movement in time to absorb the drop so definately not something I'd look at, although the range it develops might be worth trading when it stabilises for those that like that style of trading?
If 1.50 doesn't hold it wouldn't be a pretty sight, no idea whats gone on with it but as by50 says, the news is in price.
