"I would have been not surprised to see some selling into 0.9c but this is a battle of quantities of 5,10 and even 20m in both directions. Is that a usual trading behaviour ?"
Steph, I wouldn't worry about hour to hour movements.
Try and step back and look it from day to day.
Todays volume clearly shows resistance WILL build at the VWAP of 0.009. The VWAP is clear to see (and the only thing traders care about).
11 Apr 2012 0.008 0% 0.008 0.007 54,560,488
10 Apr 2012 0.008 33.33% 0.008 0.006 64,132,963
05 Apr 2012 0.006 -14.29% 0.006 0.006 43,844,597
04 Apr 2012 0.007 16.67% 0.007 0.006 19,637,544
03 Apr 2012 0.006 20% 0.007 0.006 83,556,618
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