The Airforce high in the skies, dumps bombs to the ground, while the Army fight back and about the ground flame cannons. That's what happens in the Foreign Exchange market, the warfare between the sellers (The Airforce) and the buyers (The Army).
I hope through this thread to observe this warfare along with all the traders , analyse the two sides of the war, and sometimes join among the forces.
I'm currently celebrating GBP/CHF. Yersterday, the two forces had a battle prior to and following the CHF interest rate decision. The airfoce bombed down the attck of the the army to 2.3898, where the military has been amassing power to fight .
Well, I think 2.3900 degree is a quite powerful base for the military, the airforce has not been able to touch it these couple of hours, but the army kinda fight back to 2.3955 several times (yesterday's fibo of 23.6%). If the airforce cannot shield 2.3955, then the military will fight their way upward 3990, 4018, and anticipate some heavy bombs in 4046.