I'm guessing most are seeing this as a completely sh*tty day. Me, after yesterday's daily pin bar I see this as a natural pull back. We more or less have retraced 50% of the recent rally with .66 as the low. My hunch though is we still have some more to go today or tomorrow, most likely touching the 50 day EMA around .63-.61 area....JMO. Perhaps it could happen tomorrow morning before it reverses back up again but just speculating here.
The most important thing to understand here is unlike the false rallies over the last 4 months during the huge down trend...today's pull-back is all happening above the 50, the 20, the 10 day EMA's. We are in a healthy position above them and NOT below them. This area we are in below .70 is a great area to add to positions in my humble opinion.
Bullish...JMO anything could happen...do your own DD!
GO SIRC!!
News 
Market Data 
Discover 
AI
