Lokk at the volume spike yesterday! I suppose that we will see a fine rally if we broke the 18.05 to the upside.
The rate could go down as far as to 95.45. This is the 50 % retracement from 90.00 and a former top of May, 10th.
In an overall beginning downmove we may see an intermediate correction until 1,8720
This is not the question. We are in a sidewards range to continue. Rate could form a baerish Bat after reaching point D. And as we are in a sidewards range we should go long first. But not yet. It takes some buy signal first.