started watching that a couple days ago....it may well seek a bottom at a buck...but having said that it is a bit os and may bounce before any lower price. Hard to tell, i guess we may need more news of a bottom in China which has started to leak recently......anyhow good time to put it on your watch list...it broke down out of a decending wedge on the weekly and may test 1.20 and bounce....we'll see if it gets back into that triangle...if not it could go lower