Without some really bad news to sustain it from here, I think...

Without some really bad news to sustain it from here, I think the window for a short opportunity has been missed. Massive drop in the past week already, no doubt triggered by my opening of long positions early last week. Impossible to tell if oversold or what - was very surprised it spiked up to 1.075+ just a few weeks ago, so thought bugger it I'll just go with the trend for now... yeah didn't work out for me lol.

The day of the QE3 non-announcement by the FED, the dollar jumped 1c in under one hour(?), finding it really hard to make sense of the big movements. Especially the 4-5c drop since last Friday (very few massive moves in this market seem to be sustained, usually followed by some short to medium term bounce).