Interesting, I can see on my chart that it is hovering at the Cloud support line on the daily against the USD. If it closes today in the cloud, from my meager understanding of chart analysis, the chances are it will will test the lower edge of the cloud in the next period. Meaning $190 tomorrow at some point, and then if it breaks that line and closes below it, your 150-170 estimates are well and truly on the cards, maybe even later this week.
Followed :)
I didn't see anyone talking about this new low before a couple of days ago. Can't wait to see what happens!