We all watched the 0.8, 0.7 and 0.6 walls get absolutely annihilated late last year....today is a combination of people with some memory who don't want to go through it again and would rather cut their losses......and we also have the very clever traders making a pip or 2 from the lows at 0.5 and 0.6c
I think based on that 0.7 is where we will be
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