Suspect that 1.11000 remains the SHORT "support" to watch for here now. If price goes above that, I'd tell anyone who wants to trade on a really short timeframe to have at it LONG if you are really aggressive. Personally, I will stay short right now ...

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Yeesh, if it closes above 1.11000 AGAIN, we might have some time spent still up around these heights. My guess though is this is getting tired and on the process of starting down right now...

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I LOVE how everyone in the media waits for the decline to first begin before mentioning the "obvious" reasons for why it should start to decline... haha! Where were they 17 hours ago... haha! >.< My newsfeed: Im pretty sure the decline in ...

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Yeah, patience is key. Now will be interesting to see if it can break 1.09557 eventually if it gets near. I had that down as another significant level for LONG SUPPORT from earlier.

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If all goes to plan, 1.11000 should be SHORT resistance now.

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Now that it has broken 1.11000, could possibly fall HARD. Esp. given all the news. News cycle has shifted to BEAR!

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This also just came through - which could be significant (!): DJ Mester Says Fed Should Press Forward With Rate Rises -- Update 2017.05.18 20:47:21 Wonder if that quick spike down was someone frontrunning this? Haha! She is just from the Cleveland ...

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Pretty sure it is going to make it this time... news on my side that causes this is this I think - that and the news is Causing USD to tighten: "The inflation trade has been retreating this year but this afternoon's strong demand on TIPS suggests ...

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Needs to break the 1.11000 man! for the BEAR/SHORT case. Looks like it should here soon I hope...

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FLAT... it "pins" to 1.11000 into the weekend even.. and that sucks bigly! haha.

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My guess is that it trades below 1.11000 before his speech in about 5 hours. And then the question becomes: can it hold the 1.11000 as the short resistance that it then should be. I'd expect a break below 1.11000 before the speech due to the US data ...

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If it closes definitively below 1.11000 (and stays there for an hour or two), my thought is that the trend could be changing... But I bet it stays up here above that until Draghi. And then does not much during the speech because he does not say ...

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Can it break 1.11000?

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I'll let everyone know on the board later. Right now I'm just waiting for it to "OFFICIALLY" change to SHORT once it can close definitively below 1.11000 - IF it can. This past spike upset my "long term signals" by a decent amount. I usually get 2-4 ...

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Wait for 1.11000. Haha. PS: they are talking about the "cost of Trump Uncertainty" on CNBS - that means it must be over/priced in now... =D

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Needs to break the possible strong long support at 1.11000. If it can do that convincingly, we could be seeing lower numbers for sure. But that seems to me to be a big part of this...

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Now I would personally expect that all institutions and everyone who is long on the Trump impeachment freak out and the FED stupid mini twist program from WED/THURS to take profit and quickly unwind here... would be very surprised if that does not ...

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Wow, yeah. I was expecting flat... that came in STRONG. Man! But good for me.

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