Believing in fundamentals I reckon you should ALWAYS respect the technicals .
Look at how in recent months levels of resistance were reached, tested and not respected, how the next level down was called and mapped out here in the threads, then tested and not respected and how the bottom was called.
Why should it be any different on the way up?
All the institutions draw up and then follow technical guidelines as far as I can see (after watching closely the last two years. )
If you have been reading the threads as you say you will have seen plenty of charts and heard plenty of comment from people predicting where the price will go.
Beyond that I do not think it is possible to ask for range trading numbers when KDR is as volatile as it is and expecting significant announcements .
Beyond this, lots of times predictable outcomes - like Ministers decision- are already factored into a price before the announcement is made and people sell into the news.
