2nd bounce off 9180

Twice now this pair has hit the .933 area and retreated to about .918 and bounced up, It appears we have a trading range (mind you maybe a little too early to call that)

How long will it bounce between these two points of resistance. Which way will it break.

I am of the belief it will break to the upside (lol, the fact that i'm long may also influence my comments and hopes). The Aust market showing some good strength mid afternoon to claw back some early losses, i'm hoping this means that the US market might show a little bit of the same, thus seeing a return to favour of the carry trade, Even if only for a night..

All thoughts welcome, my trade at the moment is more based on fundamentals and my belief that the impending interest rate announcement in feb will bring some strenght to this in the short term..

good luck all