By | January 08 2010 1:08 AM

4:47a GMT - Price did indeed drop like a rock yesterday from the 1.4450 area - unfortunately it never got that high after my signal so there was no entry on my part. The pair has fallen almost 150 pips to the 1.4300 support, where it is currently struggling to break through. The pair has zig-zagged all week, a fairly normal level of volatility given that this is the first week of the new year and traders and investors are just re-entering the markets. Like a bunch of people jumping into a pool at the same time the waters could get choppy ;).