Are you looking for a break below the range or holding for long term and will just continue to add shorts until we bust through to 1.93, etc...? The chart looks clear to me and I guess I cannot understand holding short right now unless doing it for the longer term. The range still looks like it has plenty of room to wiggle around in before breaking to the eventual downside.
I am trading off 30min/daily charts. Still short. I will hold for as far as it goes. Current stop above 1.9780.
Sounds good, looks like there was a nice dip down to the lower support at the London open. Interesting to see if that 1.975 & 1.978 level will hold now...US markets suck, not sure what FX related news may be coming...