Davis..totally agree mate..its the retrace we had to have..lol..just to add what you posted, in June it retraced from 1.20 to the low 90s, then July 1.38 to bottom at 1.06 and now 1.51 to what, the low/mid 1.20s..seems normal really(are we there yet??Lol..)..there was even a mild retrace from 1.41 at the end of July to bottom at 1.24..exactly big deal, but this topic always comes up when things dont go vertical..