An absolute slugging match is going on at the beggining of that resistance (1.15-1.25). Neither the bears nor the bulls can take the initiative at the moment. 1.15-1.16, its been going on for over a week now. Interesting stuff.
Tend to agree with yu whetu. The longer the price stays around here the better if you are long on this one and not so good if you are short.
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