After almost 500 point bullish move with little to no significant pullback, price hit parity yesterday. This is probably the strongest psychological level in the market, and very likely to cause a reaction. If price can break below weekly support I have a sell stop at 0.99806 with a stop at 1.002. As always in trading nothing is guaranteed ans the market will decide what happens.
Comment:
Price has now broken 0.99806 and triggered me in to the trade. Very bearish 4HR candle which looks good so far.