It's bounced of the support line on the 15min chart. It coincided with the spike in volume just now so I think we may have a base here. Looks like it may go to retest 2.9 before the close of play.
There's clearly a massive player buying up so I'm now thinking that their strategy today will be to clean up the short term trade shares that have hit the market already in anticipation of the holiday tomorrow.
Looking good now for a recovery IMO.
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