This market seems to be all technical play, lacking genuine investment interest as opposed to short term speculation.
If the 1070 level cannot hold into the open we will problem go down to retest that low around 1035.
Non-farm Payrolls report at the end of this week. Watch out for more games, wash and rinse. But a 'bad number' could be the spike in the rally hopes for those of the bullish persuasion. Since I do not view this market as 'real' and engaged in price discovery it is hard to operate in it with conviction.
